Altering FERS as a way to get employees to retire?

How many federal and postal employees are eligible to retire?

"...About 550,000 full-time career federal government employees and U.S. Postal Service workers could hang it up and move on..."    

This Article is From: www.washingtonpost.com Read our latest posts! .

Budget plan proposed by Rep. Paul Ryan (R-Wis.) attacks Federal Employee Retirement

FERS, not CSRS, employees may be asked to contribute more for pensions

"...the Republican budget plan proposed by Rep. Paul Ryan, R-Wis. FERS employees already contribute 6.2 percent of their salaries to Social Security, which would mean FERS employees would pay 12 percent in all toward their pensions...."    

This Article is From: www.federaltimes.com Read our latest posts! .

Choosing the right day to retire can be a science

This applies to Federal Retirement

"...an employee can maximize their annuity, which goes into effect the day after retirement. Annuity is based on completed years and months of service. If an employee opts to retire in the middle of the month, that individual could lose potential compensation. ..."    

This Article is From: www.tinkertakeoff.com

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