False that is not the current federal retirement it is 1% of highest salary. |
But what I hope most of all is that you understand what I mean when I tell you that even though I do not know you, and even though I may never meet you, laugh with you, cry with you, or kiss you. I love you. With all my heart, I love you. |
I hope you’re at least being paid to write this drivel. |
I hope your LinkedIn is up to date! |
The quality of the content coming out of some Federal offices can only be improved by AI , even if wildly hallucinating and badly tuned. I mean, look at DCUM posts. Need I say more? |
Nope. Hasn't been true for years, that's the old Civil Service system that only exists for the oldest of fed retirees. FERS annuities are based on high-3 average pay. Generally, the benefit is calculated as 1 percent of high-3 average pay multiplied by years of creditable service. For those retiring at age 62 or later with at least 20 years of service, a factor of 1.1 percent is used rather than 1 percent. Age: Minimum Retirement Age* High-3: $60,000 Service: 30 years .01 x 30 x $60,000 = $18,000 (30% of high-3) Yep, that's a pension of 18k a year on a 60k salary. We feds are really rolling in the money. |
lol. Not even a lower enlisted retires at that rate. How may gs 13+ do w we have nation wide |
DP but it seems you are completely ignorant of FDR's Rural Electrification Act of 1936. Parts of it are still in effect. Private electric companies didn't want to wire remote areas because stringing electric lines for a small population wasn't as profitable as wiring a city. The feds had to step in and provide some funds. It also employed many rural workers during the Depression and it's how we got the TVA and the Hoover Dam. Biden's rural high speed internet plan is heavily inspired by this. Republicans would love to tear down everything FDR achieved. I agree with PP that I am so tired of ignorant MAGA. That home schooling isn't serving you well. |
They also never envisioned microwaves, automobiles, and AR15s |
This is not true at all. |
That’s interesting- my aunt recently retired from SSA as an 11, and was not a supervisor. Not in this area, rust belt city. I’m surprised a GS-9 would be a supervisory position. |
You left out that the Feds now also get TSP and Social Security, where they used to only get the pension. Depending on how one's TSP did, the retirement income is about the same. |
As an example, if I plug in my area/city (1M people in geographic area) the following open continuous announcement from ATF comes up. Note the requirement for mandated mobility! It is currently the ONLY federal job available for this area (along with 154 other communities in the US): "Pay scale & grade GS 5-7 Salary $39,576 - $63,733 per year Industry Operations Investigator (IOI) positions are with the Department of Justice (DOJ), Bureau of Alcohol, Tobacco, Firearms & Explosives (ATF) in the Office of Field Operations (FO) Nationwide. ...If selected for this position, you will be responsible for performing the following duties: Conduct investigations of firearms licensees and explosives licensees/permittees; investigations/inspections involving analyzing records, and referring leads identified involving firearms & explosives thefts to ATF Special Agents for further investigation. Document and report discrepancies revealed from examining records and inventories; including evidence of falsification of records and inventories, suspicious purchases or potential trafficking uncovered in firearm transaction records reviewed. Prepare reports detailing the facts found to document firearms licensee or explosives licensee/permittee is operating in accordance with the laws/regulations, and make recommendations for further necessary action. Verify inventories utilizing intelligence databases to analyze records and examine business operations. MOBILITY PLAN: New employees hired pursuant to this vacancy announcement must sign a mobility agreement... the mobility plan will facilitate the movement of employees through special short-term assignments or permanent reassignments throughout the Bureau. Applicants who decline to sign a mobility agreement, as required, will be removed from the hiring process." I don't think many feds in the DC area realize what the environment is like elsewhere. When you look at the duties required and the pay scale for this particular position, it isn't hard to understand why people in the majority of the country look askance at "high-paid DC bureaucrats." I think that is why if political spin is put on the issue, it will resonate with voters: Eg. "All those bureaucrats in DC are making at least a hundred thousand dollars! Let's slash those salaries, double the positions, and we can bring good-paying gub'ment jobs to EVERYONE!" |
^ Would you want to be in a smaller city (where people know each other) and be responsible for reporting those with firearm violations - starting at $40K per year?!! |
WHAT? WHO is retiring with that pension?? Definitely not federal employees. I’ll get maybe 30% if Instat long enough. That will be 1 percent of the average of my highest three years of salary x the number of years I end up working. If more than 20 years service, it will go up to 1.1 percent. Woot! Someone who whose average 3 year high was 80k and worked 12 years as a fed would get a 12k pension. But please do tell us which company is offering 90-100% of salary as pension, so we can all think about applying there. |