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[quote=Anonymous]The 401k is called Thrift Savings Plan or TSP. If you contribute 5% you will get a 5% match.

The pension is called FERS. Basically if you work at least 5 years you will get a pension of 1% per year of your average salary for your highest Paid 3 years. So a 20 year career and you get 20%. Stay until 62 and you get a bit more (22% in the prior example).

The health benefits are called FEHBP— federal employee health benefits. There are a whole range of plans offered— probably 20 or 30 altho it depends on where you live. The feds pay around 75% of the cost (which varies according to type of coverage for each plan), so you can decide if you want fee for service, or HMO or PPO, depending on your needs and how much you can/want to pay in premiums. You can switch health plans every year, with open season in November. If you retire from the feds you can continue to participate in the program as a retiree.

With that info you should be able to google for more. There is a ton of info online about federal benefits, from google but also fedsmith and others. [/quote]

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