CSRS is still around. Congress is still under that plan as well as those employees that didn’t switch.
Interesting point. CSRS employees DO NOT pay into Social Security, they pay into CSRS
To clarify my point ....no new employees could join the Federal Work force and get CSRS benefits after 1983.
So today, workers with less than 26 years of federal service (or those who might have military service - but joined civilian Federal service after 1983) will be on the less lucrative FERS retirement system.
Many states and local governments should do something similar - end the overly generous (and unaffordable) retirement benefits. Maybe they have to do a transition...but sooner rather than later. (And it might be necessary to declare bankruptcy and renegotiate the excessive benefits that are currently being paid out, or will continue to be awarded to many local/state workers.
Correct - CSRS employees don’t pay into Social Security (based on their federal job ...) - and if they do earn 40 quarters credit and get Social Security, there is a deduction/off-set/takeaway since they didn’t pay into Social Security for a major part of their working career.