Quote:
Originally Posted by Topspinmo
If remember correctly under furs can’t get retirement pay until 59? IMO CRS employees are gone.
When I was in AF SAC use to have saying “do more with less and do it better” a standard never heard of today. When I was civil service employee NEVER seen budget reduced and alway spent any money left at end feasco year. Why? I guessing can’t request larger budget it you didn’t spend allotted money? I had seen where upper management passed out bonuses with money left over, but I had nothing to with management budgets just had to produce regardless.
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I think the FERS pension starts when you retire, which can be as early as 55 with 30 years of service. But, I think that, if you decide to take a withdrawal from your TSP account before your are 59.5 years old, there may be a penalty.
Another huge benefit for Federal retirees is that you can keep your employee health insurance plan and reject Medicare Parts B and D. I am a Federal retiree and I save thousands every year by not paying the Medicare IRMA premiums.