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Reply to "Maxing out TSP"
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[quote=Anonymous][quote=Anonymous]I truly don't believe the FERS pension will be around because CSRS is so expensive. I have relatives who make the same in retirement that they earned while working. [/quote] This comment doesn't make sense to me. Every year there are fewer and fewer CSRS recipients around and, as expensive as that pension system is, they did not cut benefits for recipients. FERS is nowhere near as expensive as CSRS. I think that sooner or later FERS is going away for new hires and they may switch to high 5 instead of high 3 but I don't think they're going to scrap it.[/quote]
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