By Matthew Makowski The Federal Employees Retirement System (FERS) is one of many different retirement plans out there. But this one is decidedly different from the rest of the pack. And there are two major reason why…
For starters, not everybody can sign up for the Federal Employees Retirement System. This – as the name implies – is for federal employees. More specifically, it’s for civil servants. They are the non-military civilian workforce that form government departments and agencies.
This equates to millions of workers across the country. It includes Federal Reserve employees and covers the congressional pension program. Those working for the National Security …read more