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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. Civil Service Retirement System - Wikipedia

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

    Employees hired after 1983 are required to be covered by the Federal Employees Retirement System (FERS), which is a three tiered retirement system with a smaller defined benefit (pension), Social Security, and a 401(k)-style system called the Thrift Savings Plan (TSP). The defined benefits of both the CSRS and the FERS systems are paid out of ...

  4. United States Office of Personnel Management - Wikipedia

    en.wikipedia.org/wiki/United_States_Office_of...

    The United States Office of Personnel Management (OPM) is an independent agency of the United States government that manages the United States federal civil service.The agency provides federal human resources policy, oversight, and support, and tends to healthcare (), life insurance (), and retirement benefits (CSRS and FERS, but not TSP) for federal government employees, retirees, and their ...

  5. 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.

  6. The Federal Government May Match Your Retirement ... - AOL

    www.aol.com/federal-government-match-retirement...

    A major change coming in 2027 could boost the retirement savings of millions of lower- and middle-income Americans. The federal government will start matching 50% of retirement account ...

  7. 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.

  8. United States federal civil service - Wikipedia

    en.wikipedia.org/wiki/United_States_federal...

    The U.S. civil service is managed by the Office of Personnel Management, which as of December 2011 reported approximately 2.79 million civil servants employed by the federal government, [2] [3] [4] including employees in the departments and agencies run by any of the three branches of government (the executive branch, legislative branch, and ...

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

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