Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Cletus.D.Yokel

Regarding federal pensions - depending on the part of the federal government and thus, the pension system that is involved, the pension might be an accrued benefit that is owned by the employee, having already been earned during the years of service (or whatever it is/was that they did) already performed. Meaning that being fired, they still own that retirement money.

Lots of maybes because in my little corner of Fedzilla, we were not civil service employees, and our pension was through the TVARS (Tennessee Valley Authority Retirement System) and not any other entity. Sadly, since around 2013, new employees aren’t given any retirement, but instead are given “company match” dollars to a higher amount in their 401K. Better than nothing, but not insulated against market fluctuations.


917 posted on 03/04/2025 6:03:22 AM PST by meyer (The revolution isn't just beginning. It's already won.)
[ Post Reply | Private Reply | To 902 | View Replies ]


To: meyer
Meaning that being fired, they still own that retirement money.

Well, if they get convicted of sedition or corruption, it should be confiscated....just like a drug dealer.

In the case of corruption, that money belongs to the taxpayers anyway. Same for any members of Congress getting kickbacks or converting campaign funds to personal wealth.

972 posted on 03/04/2025 11:43:46 AM PST by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves Month")
[ Post Reply | Private Reply | To 917 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson