Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: skeeter
Your typical federale, whether he's a federal judge or a letter carrier, if he's covered by CSRS alone maxes out at 80% of his high 3 salary.

If he were covered by FERS alone, he would max out at a lower value but he would have had use of matching funds based on his current salary for use in his Thrift Savings Plan ~ CSRS folks did not receive matching funds.

It's highly complex for folks covered by CSRS, FERS and Social Security ~ and maybe even VA pension plans.

237 posted on 02/03/2010 3:36:23 PM PST by muawiyah ("Git Out The Way")
[ Post Reply | Private Reply | To 224 | View Replies ]


To: muawiyah
Thx. If I took anything away from this thread its that its the county & state employees unions that are burying us.

Still, I wouldn't mind having one of those federal gigs - many sound far better than anything I had in the private sector.

240 posted on 02/03/2010 4:05:17 PM PST by skeeter
[ Post Reply | Private Reply | To 237 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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