At DHS, your salary can go up to 330K if they really want to hire you. My brother's salary is 300K at DHS; however, he left a 900K salary in the private sector to join DHS. |
If you're near retirement, you have the low FERS contribution and don't have to face so much salary stagnation in the future. |
Pride. Service. And you can move up and you can win special awards. |
What about the very real risk of being laid off in private industry? |
It's a risk I'm considering after loosing a ton of purchasing power. We're hemorrhaging gs-14 engineers right now due to pay, as private industry in the tech world gives equivlent benefits other than pension, but much more pay. |
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I'm a 15 equivalent at an Agency that has an impossible mandate and is brimming with toxicity. Almost everyone has an advanced degree, yet can't figure out how to effectively operationalize most things. It's maddening.
I understand that I have value on the outside, but am so beaten down and not sure where or how to start looking. I'd love to leave this industry. |
My DH left federal service at age 50 after 20 years. He moved to a private sector job. The health insurance premiums were more expensive at his new job, but we just switched to the health insurance for me job (which we should have done years ago because this plan is more generous that CareFirst BCBS FEP program.) As we understand it, my DH still gets credit for the 20 years that he put in, in terms of his future pension. So I don't know what you mean that he "gives up the retirement?" |
This is exactly me--also capped out as a 15 w/15 years in and I think this is one of the reasons why I've been feeling so aimless at work lately and am just going through the motions. The pay is comfortable as a dual income household, but yes it's low comparatively, but I have flexibility, a predictable schedule, a short commute, lots of outside of work commitments and activities for myself and w/my kids and can be home or at school in a moment's notice, but I just don't have any major professional goals at 45 which is sad and I just don't think I can coast for the next 15 years. I have zero desire to be SES (seems miserable). I toy with the idea of the private sector, but then I worry about job stability and hours--despite the relatively low pay, federal govt does offer stability for the most part. |
Should add that I have a short commute on the 2 days I'm required in--again what am I complaining about but the lack of professional goals is sort of gnawing at me. |
NP. I agree. Also it can be really tedious. People need a particular personality for it. Many people chasing a degree in cyber, will get in and hate it. |
NP. If you retire before your minimum retirement age, there is a significant reduction in your pension and you lose your health insurance benefits. No bueno. |
Ooh, what agency? |
he gave up his health insurance PP. That's one of the main reasons people put up with govt pay for decades. |
This is super old, I know, but I just saw your reply. Yes, I am an attorney and worked in an agency with a very quick ladder to 15. Became a 15 at 33. Left government as a supervisory 15 mid-pandemic for a lobbying job. Twice the salary, no supervisory role, tons of autonomy and flexibility. Never once looked back. |
At a certain point of low salary, is it worth it? If you still plan to work until age 65 you can get Medicare after that (which is what every private sector worker has to do). |