Occ vs FRB

[Anonymous]

Pondering a move from the OCC to the Federal Reserve Board. How do the benefits compare?

[Anonymous]

Run from the OCC. Run as fast you can. Run from any Lean Six Sigma work and the other B.S. they torment you with over there.. Oppressive, abusive, dysfunctional work environment.

[Anonymous]

I've heard the benefits are quite good at the FED. The cafeteria there is very nice too. The retirement is a bit different than FERS/CSRS. Check it out - I think you need to be on the FED's retirement plan, perhaps starting all over again. This would matter if you've been a FED for some time.

[Anonymous]

it obviously depends on the type of position. is it lawyer, economist or administrative assistant?

[Anonymous]

Anonymous wrote:it obviously depends on the type of position. is it lawyer, economist or administrative assistant?

how are benefits different if you are a lawyer, economist or administrative assistant?

This would be an admin job.

[Anonymous]

Anonymous wrote:Run from the OCC. Run as fast you can. Run from any Lean Six Sigma work and the other B.S. they torment you with over there.. Oppressive, abusive, dysfunctional work environment.

I hear you...

[Anonymous]

ok. And run like h*ll if you are in an adminstrative unit there. Worst area to be in. You are being exploited. My sympathies. Good Luck.

[Anonymous]

Retirement plan at Fed is separate from the rest of government. Everyone - regardless if a receptionist or Chair Yellen - pays into the same plan.

Thrift plan is 1% for free + 7% match, fully vests after 5 years. Defined benefit pension is fully vested at 5 years of service. If you leave before then, you can take a Portable Cash Option. You can go to any of the other Reserve Banks around the country and it all counts toward your 5 years.

The assistants all come in early and are out the door immediately after their 8 hours. Very flexible schedule, if you're a shared PA for a group. If you're the PA to one of the big-wigs, my guess is that they dictate your schedule. All of assistants are on AWS, none that I know telecommute.

And they are ALWAYS in some sort of multi-day training whenever I need an assistant to help me with stuff. Seems like a pretty chill gig, IMHO.

That said, no Jesus quote or Bible verses allowed in your email signature. Someone was putting religious materials in the bathrooms and there was a big kerfuffle about it.

[Anonymous]

Anonymous wrote:Retirement plan at Fed is separate from the rest of government. Everyone - regardless if a receptionist or Chair Yellen - pays into the same plan.

Thrift plan is 1% for free + 7% match, fully vests after 5 years. Defined benefit pension is fully vested at 5 years of service. If you leave before then, you can take a Portable Cash Option. You can go to any of the other Reserve Banks around the country and it all counts toward your 5 years.

The assistants all come in early and are out the door immediately after their 8 hours. Very flexible schedule, if you're a shared PA for a group. If you're the PA to one of the big-wigs, my guess is that they dictate your schedule. All of assistants are on AWS, none that I know telecommute.

And they are ALWAYS in some sort of multi-day training whenever I need an assistant to help me with stuff. Seems like a pretty chill gig, IMHO.

That said, no Jesus quote or Bible verses allowed in your email signature. Someone was putting religious materials in the bathrooms and there was a big kerfuffle about it.

Then it looks worse than OCC's. OCC gives 5% free and match another 5% vesting immediately I believe. They also FERS pension as well as free dental and vision insurance for the whole family.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Retirement plan at Fed is separate from the rest of government. Everyone - regardless if a receptionist or Chair Yellen - pays into the same plan.

Thrift plan is 1% for free + 7% match, fully vests after 5 years. Defined benefit pension is fully vested at 5 years of service. If you leave before then, you can take a Portable Cash Option. You can go to any of the other Reserve Banks around the country and it all counts toward your 5 years.

The assistants all come in early and are out the door immediately after their 8 hours. Very flexible schedule, if you're a shared PA for a group. If you're the PA to one of the big-wigs, my guess is that they dictate your schedule. All of assistants are on AWS, none that I know telecommute.

And they are ALWAYS in some sort of multi-day training whenever I need an assistant to help me with stuff. Seems like a pretty chill gig, IMHO.

That said, no Jesus quote or Bible verses allowed in your email signature. Someone was putting religious materials in the bathrooms and there was a big kerfuffle about it.

Then it looks worse than OCC's. OCC gives 5% free and match another 5% vesting immediately I believe. They also FERS pension as well as free dental and vision insurance for the whole family.

The Federal Reserve's pension system is much better than FERS. The payout is still X-high-three, but it is closer to 1.7 percent.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Retirement plan at Fed is separate from the rest of government. Everyone - regardless if a receptionist or Chair Yellen - pays into the same plan.

Thrift plan is 1% for free + 7% match, fully vests after 5 years. Defined benefit pension is fully vested at 5 years of service. If you leave before then, you can take a Portable Cash Option. You can go to any of the other Reserve Banks around the country and it all counts toward your 5 years.

The assistants all come in early and are out the door immediately after their 8 hours. Very flexible schedule, if you're a shared PA for a group. If you're the PA to one of the big-wigs, my guess is that they dictate your schedule. All of assistants are on AWS, none that I know telecommute.

And they are ALWAYS in some sort of multi-day training whenever I need an assistant to help me with stuff. Seems like a pretty chill gig, IMHO.

That said, no Jesus quote or Bible verses allowed in your email signature. Someone was putting religious materials in the bathrooms and there was a big kerfuffle about it.

Then it looks worse than OCC's. OCC gives 5% free and match another 5% vesting immediately I believe. They also FERS pension as well as free dental and vision insurance for the whole family.

Good to know thanks for the insight.
It could be worse - we could be on the GS scale and beholden to the nihilists in Congress.
Ewww, gross.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Retirement plan at Fed is separate from the rest of government. Everyone - regardless if a receptionist or Chair Yellen - pays into the same plan.

Thrift plan is 1% for free + 7% match, fully vests after 5 years. Defined benefit pension is fully vested at 5 years of service. If you leave before then, you can take a Portable Cash Option. You can go to any of the other Reserve Banks around the country and it all counts toward your 5 years.

The assistants all come in early and are out the door immediately after their 8 hours. Very flexible schedule, if you're a shared PA for a group. If you're the PA to one of the big-wigs, my guess is that they dictate your schedule. All of assistants are on AWS, none that I know telecommute.

And they are ALWAYS in some sort of multi-day training whenever I need an assistant to help me with stuff. Seems like a pretty chill gig, IMHO.

That said, no Jesus quote or Bible verses allowed in your email signature. Someone was putting religious materials in the bathrooms and there was a big kerfuffle about it.

Then it looks worse than OCC's. OCC gives 5% free and match another 5% vesting immediately I believe. They also FERS pension as well as free dental and vision insurance for the whole family.

Good to know thanks for the insight.
It could be worse - we could be on the GS scale and beholden to the nihilists in Congress.
Ewww, gross.

Our FRB admins are never around and rarely seem to do much work, with the exception of the division director's assistant. Also yes to the Jesus thing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Retirement plan at Fed is separate from the rest of government. Everyone - regardless if a receptionist or Chair Yellen - pays into the same plan.

Thrift plan is 1% for free + 7% match, fully vests after 5 years. Defined benefit pension is fully vested at 5 years of service. If you leave before then, you can take a Portable Cash Option. You can go to any of the other Reserve Banks around the country and it all counts toward your 5 years.

The assistants all come in early and are out the door immediately after their 8 hours. Very flexible schedule, if you're a shared PA for a group. If you're the PA to one of the big-wigs, my guess is that they dictate your schedule. All of assistants are on AWS, none that I know telecommute.

And they are ALWAYS in some sort of multi-day training whenever I need an assistant to help me with stuff. Seems like a pretty chill gig, IMHO.

That said, no Jesus quote or Bible verses allowed in your email signature. Someone was putting religious materials in the bathrooms and there was a big kerfuffle about it.

Then it looks worse than OCC's. OCC gives 5% free and match another 5% vesting immediately I believe. They also FERS pension as well as free dental and vision insurance for the whole family.

Good to know thanks for the insight.
It could be worse - we could be on the GS scale and beholden to the nihilists in Congress.
Ewww, gross.

Our FRB admins are never around and rarely seem to do much work, with the exception of the division director's assistant. Also yes to the Jesus thing.

Hence why I said they always seem to be in a multiple-day training. Wtf is "APPLE" training, anyway?
Agreed with the Division Director's assistant. I bet we work in the same division

[Anonymous]

Are in the Office of Management at the OCC? (a.k.a. administration) or is your position "administrative assistant" in another division?

[Anonymous]

Anonymous wrote:Are in the Office of Management at the OCC? (a.k.a. administration) or is your position "administrative assistant" in another division?

Office of Management.