[quote=bearishgurl][quote=ltsdd][quote=bearishgurl]The Federal workers that will be let go will retire under FERS….[/quote]…Now, back to the delusional assertions that you made[/quote]
Actually, this statement is partly in error. If the retirement applicant has ~30 yrs of service, he/she will be retiring under CSRS/TSP (w/o agency match) or CSRS/FERS (w/partial agency match). The combined ~70% retirement under CSRS for a 30 yrs service PLUS TSP contributions over most of the employee’s tenure should make the annuity 90%+ of his/her’s average of their top three years pay.
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Good job. Bonus credit for admitting your mistakes.
[quote=bearishgurl]
[quote=ltsdd]Please stop introducing more irrelevant bull to the thread and deviate from the original assertions that you made. Just please show me an example how someone could retire under FERS could realize the same income with the FERS and TSP.[/quote]
They could do it with FERS and TSP contributions with an employer match of 5%.
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Oh, so now you’re not so sure. I knew you’d come around, eventually. Again, good job.
[quote=bearishgurl]
Why don’t you study the different allocations to determine which one was the best investment since 1982-1983?
I think this is a “good project” for you, ltsdd. And when you’re done with that, please get back to the Piggs with your “findings.”
At that time, I’ll have some more “exercises” up my sleeve for you to complete to determine the actual monthly retirement pay of our “theoretical longtime-SD DOD worker.”[/quote]
Actually, wouldn’t it be easier for you to stick your nose into your neighbor’s (the one that retired with $300K+ in TSP) to hear it directly from the “horse’s” mouth? Besides, I am not so sure about my math – I still couldn’t figure out how 80%=100%.
BTW., I don’t have a problem with one profession vs another or how cushy one job vs another, etc. So, whatever these federal employees get in retirement is of non-consequential as far as I am concerned. I do have problems with people yapping nonsense, unsubstantiated bullshit and try to convince people that they are facts.
