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  2. How to Calculate Your High-3 for Federal Retirement - AOL

    www.aol.com/calculate-high-3-federal-retirement...

    Here are four situations that may reduce your federal retirement non-disability benefits: Age. Benefits may be reduced if you retire before the age of 62.

  3. 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:

  4. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    If Members leave Congress before reaching retirement age, they may leave their contributions behind and receive a deferred pension later. [1] The current pension program, effective January 1987, is under the Federal Employees Retirement System (FERS), which covers members and other federal employees whose federal employment began in 1984 or later.

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

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

    Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...

  6. 15 part-time jobs for retirees - AOL

    www.aol.com/finance/15-part-time-jobs-retirees...

    Many professional positions allow for phased retirement, where you work fewer hours each year over several years. Alternatively, you could explore switching from a full-time role to a part-time ...

  7. 5 ways to tell if you’re on track for retirement — and 5 ...

    www.aol.com/finance/5-ways-tell-track-retirement...

    1. Use the Rule of 25 to get a ballpark number. A good rule of thumb to estimate your retirement savings goal is the Rule of 25.Simply multiply your desired annual retirement income by 25.

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