Anyone Work For The Federal Government?

[olds]

I know Olds, shared cold ones and steaks; that is why I did not cut him any slack 😛

It's OK, I just ignored it. I know how to google.
But if someone asked me how state retirement worked, I could tell them.
2% at 55/vested after 5/medical after 20 years.

And we watched the 49er game too.

 

[ViviTheMage]

Yes, but how to get in without military , hrmmmmmmmm

 

[Codewiz]

My take is the federal employees under FERS are pretty much the same as private industry. Our retirement is primarily funded by our TSP(401K type program). The biggest advantage is that TSP typically outperforms funds by any other company such as vanguard. And the fees for TSP are almost nothing.

For instance, over the past 12 months of active management, I have earned 37%.

 

[Fausto]

My take is the federal employees under FERS are pretty much the same as private industry. Our retirement is primarily funded by our TSP(401K type program). The biggest advantage is that TSP typically outperforms funds by any other company such as vanguard. And the fees for TSP are almost nothing.

For instance, over the past 12 months of active management, I have earned 37%.

Yeah, I actually benefitted from the crash in late 2008 via moving money out of G into other funds anticipating a rebound.