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Reply to "Leaving gov't for private industry...."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You are also giving up your guaranteed pension-that is huge IMO. Plus really cheap and excellent benefits compared with what's average in the private sector. I think you'd be crazy to take the private job. GL with whatever you go. PS-If you are really unhappy with your current responsibilities, you could always try to go with a different federal job.[/quote] Guaranteed pension?? That was our parents' generation. As a Fed we have the "Thrift Savings Plan'...like a 401k. Benefits, on the other hand, Fantastic![/quote] Psst.....you do have a pension. It's the FERS system. Google it.[/quote] FERS is next to nothing for someone my age. Now my dad who is a retired fed employee after 37 years has a fantastic FERS pension (bascially his salary--but with increasing cost of health, etc benefits and no COL raises the last few years..it is being chipped away). Those of us born after 1970 do not get that cushy set-up.[/quote]
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