Post by xyzzyPost by ScoutPost by Ruby KanobaThey should not receive tax payer funded government pensions and have to
live off social security like everyone else.
GFY
I think government pension funds should all draw their money from SS.. when
it blows up.. so do all the government pension funds.
Federal employees are in social security. They pay the same SS taxes and
get the same benefits as everyone else. HTH.
Federal pensions are the mechanism by which federal employees receive
retirement benefits. For federal employees, there are two major
pension systems, the Federal Employees Retirement System (FERS) and
the Civil Service Retirement System (CSRS). FERS was introduced in
1987. Individuals employed by the federal government prior to 1984 are
covered by the CSRS, which FERS replaced, unless they opted to switch
to FERS. Most federal employees hired after January 1, 1984, are
automatically enrolled in FERS.
Workers who participate in FERS are eligible for Social Security. If
you chose to stay in CSRS after 1983, you are not eligible for Social
Security.