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  2. Civil Service Retirement System - Wikipedia

    en.wikipedia.org/.../Civil_Service_Retirement_System

    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 ...

  3. Federal Employees Retirement System - Wikipedia

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

    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]

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

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

    In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.

  5. How to Calculate Your High-3 for Federal Retirement - AOL

    www.aol.com/calculate-high-3-federal-retirement...

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  6. Thrift Savings Plan - Wikipedia

    en.wikipedia.org/wiki/Thrift_Savings_Plan

    Thrift Savings Plan. TSP logo. The Thrift Savings Plan (TSP) is a defined contribution plan for United States civil service employees and retirees as well as for members of the uniformed services. As of December 31, 2023, TSP has approximately 7 million participants (of which approximately 4.1 million are actively participating through payroll ...

  7. Why Pennsylvania needs Public Sector Pension reform

    patch.com/pennsylvania/uppermoreland/why...

    The Act essentially grand-fathered all existing employees under the existing Civil Service Retirement System (CSRS), while requiring all new employees - hired after the laws effective date - to ...

  8. Do I Qualify For a Regular or Medical Retirement? - AOL

    www.aol.com/medical-vs-regular-retirement-know...

    Federal employees can apply through the Civil Service Retirement System (CSRS) or the Federal Employees Retirement Service (FERS). Or, if you’re an employee of the state, you can apply through ...

  9. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    Retirement plans in the United States. Average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown). Those 65 and over have a median net ...

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