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  2. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    The Federal Employees' Retirement System (FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2] FERS consists of three major components:

  3. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Federal civilian pensions were offered under the Civil Service Retirement System (CSRS), formed in 1920. CSRS provided retirement, disability and survivor benefits for most civilian employees in the federal government, until the creation of a new federal agency, the Federal Employees Retirement System (FERS), in 1987.

  4. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    The basic retirement annuity under FERS is equal to the (Average High-3 Salary x .017 x Years of Service through 20 years)+(High-3 Salary x .01 x Years of Service over 20)= Annual Pension Members who began congressional service before 1984 and who elected to join FERS will receive credit under FERS from January 1, 1984, forward.

  5. The Federal Employees Retirement System (FERS) - AOL

    www.aol.com/news/federal-employees-retirement...

    There are plenty of retirement plans for workers: 401(k)s and pension plans set up through your employer, IRAs you can manage on your own and Social Security benefits available to every American ...

  6. Civil Service Retirement System - Wikipedia

    en.wikipedia.org/wiki/Civil_Service_Retirement...

    The Civil Service Retirement System (CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government. Upon the creation of a new Federal Employees Retirement System (FERS) in 1987, those newly hired after that date cannot ...

  7. Social Security: New Proposal for Higher COLA Bump for ...

    www.aol.com/social-security-proposal-higher-cola...

    A new bill has been introduced in Congress that would increase the annual cost of living adjustment (COLA) for retired federal employees under the Federal Employees Retirement System (FERS) in some...

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