It’s good to work for the government, No social security tax’s (why pay SS when you are working so hard to steal all the SS money for your pension due’s !!!).
Yes life is good for government workers…
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There are essentially two federal retirement systems,CSRS and FERS. CSRS is the old retirement system (pre-1984, I think). People under this system had the option of paying into SS or not. If they didn’t pay into the system they can’t collect at retirement age. There are still a fair amount of people under this sytem that are still working today.
FERS is what any new hires would be getting into today. There’s no option to forego SS, so I’m paying the supplemental retirement income of many but, I’ll probably never see a dime myself. There is a Thrift Savings Plan (TSP) much like a 401K and a pension.
I don’t know where the 6% increases are. I haven’t seen one.
Federal employment has its good and bad much like any large organization. Some of the stereotypes are of Federal employees aren’t too far off but, there are far more that are hard working and dilegent. (Atleast, until they get beaten down by the system and give up….lol) But, that’s not much different than any other place that I have been employed.
