Quote:
Originally Posted by Bavarian
Not all of us Feds are under FERS, just the young ones. Don't assume that the poster was under FERS, he, like me, could very well be one of "those tine amount of retired Feds under CSRS"
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Guess we both assumed wrong because the poster is not under either system as he worked for a city.
Just to clarify, my reference to the small number left of CSRS employees are those still working not retired. With the CSRS pension plan ending in 1987, those that came in on the tail end of that system have reached or will soon reach 30 years of service. My CSRS friends tell me that their pensions are calculated on 30 years of service, and any time worked beyond that does not have much financial impact on their pensions.