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Which is better Federal Employees Retirement System (FERS) or the Civil Service Retirement System (CSRS)?
Which is better Federal Employees Retirement System (FERS) or the Civil Service Retirement System (CSRS)? If I am in FERS, 47, with 21 years civil service, can I retire now even if I have to wait to be eligible for the payments? A friend of mine just retired as a civilian, GS15, working for the United States Navy for 33 years. He always brags about his huge pension. What kind of pension is he actually getting? What are the perks and privileges of being a member of Congress? Why aren't our elected officials and employees at the federal level part of the social security and Medicare programs as the rest of us? After serving in the military, the marines, what jobs could I do that my time served will count towards retirement? Is it true that Federal workers, once they are retired and receiving a pension, cannot also collect Social Security (even though they paid into the system) because that's considered 'double dipping'? Can I opt out of paying Medicare or Social Security? Would both Fand UPS be required to pay into the Federal Employee Retirement System, the Civil Service Retirement System as well as their own private retirement services and retiree medical expenses the way the USPS does?
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