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  2. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    Federal Employees Retirement System. The Federal Employees' Retirement System ( FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2]

  3. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    Congressional pension is a pension made available to members of the United States Congress. As of 2019, members who participated in the congressional pension system are vested after five years of service. A pension is available to members 62 years of age with 5 years of service; 50 years or older with 20 years of service; or 25 years of service ...

  4. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Local plans are 78.2% funded in 2022, compared to 77.8% for statewide plans. However, the historical funding trends of municipally-managed plans are similar, if not identical to statewide plans. Locally-managed public pension plans account for approximately 12% of all unfunded liabilities of non-federal retirement systems. Benefits

  5. Social Security: New Proposal for Higher COLA Bump for ...

    www.aol.com/social-security-proposal-higher-cola...

    A new bill has been introduced in Congress that would increase the annual cost of living adjustment (COLA) for retired federal employees under the Federal Employees Retirement System (FERS) in ...

  6. Basic Facts About FERS Disability Retirement - AOL

    www.aol.com/news/basic-facts-fers-disability...

    The Federal Employees Retirement System (FERS) provides retirement and disability benefits to eligible workers. If you become disabled, you may be eligible to receive FERS disability retirement ...

  7. How to Calculate Your Retirement Cost of Living - AOL

    www.aol.com/calculate-retirement-cost-living...

    Here are eight common steps to calculate your ratio: Determine your current income: Identify your current annual pre-tax income. This includes salaries, wages, bonuses and any other sources of ...

  8. Civil Service Retirement System - Wikipedia

    en.wikipedia.org/wiki/Civil_Service_Retirement...

    The Civil Service Retirement System ( CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government. Upon the creation of a new Federal Employees Retirement System (FERS) in 1987, those newly hired after that date cannot ...

  9. Building a Retirement Game Plan: 4 Steps To Take Now - AOL

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    If you plan to maintain your current standard of living in retirement, you’ll need 70% to 90% of your pre-retirement income, according to the U.S. Department of Labor. If you’re currently ...

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