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Reply to "FERS 4.4% payroll deduction"
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[quote=Anonymous]For anyone who joined Fed in approx 2014 or after, we have a 4.4% FERS payroll deduction. Pardon my ignorance, but how does this work? Is it ours to claim back if we leave the government before retiring? Does it go into a joint pool to support pensions for retirees (disconnected to our own retirement and therefore not ours)? Any way to opt out of this payroll deduction?[/quote]
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