Nov 27, 2011

How Does FERS work?

"...federal employees enjoy a pension system that provides for some level of lifetime earnings in exchange for public service. For federal employees this is the Federal Employee Retirement System (FERS) and with the Thrift Savings Plan (TSP) and Social Security, a federal employee can have a reasonable retirement. Enrollment in FERS is automatic for new federal employees, and it comes at a cost of..."

Read more at Suite101

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