Welcome fellow retired Feds, We need to stick together to counter the misconceptions.
I get CSRS, no Social Security. A while back, we had to pay into Medicare and now will get that hopfully our FEHP health care continues. If we want Long term Care, Dental or Vision insurance, we pay 100%
If I work at another job under SS, my benefits are reduced by the Windfall Pension Exclusion, my spousal benefit from my wire's private sector work is reduced by the Government Pension Offset. A few retired high graders may get a total pension that you think is high, so would two private sectore high earners. And by what right does anyone have the right to cap pensions, or salaries? We pay a lot more income taxes so the money goes back.
When FERS came out twice we were pushed to change, no one I knew did and we all felt, if its pushed so much it can't be good for us.
We could put %5 with no match to TSP, only in Government bonds.
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