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Reply to "How do you value a pension in your net worth?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't think you will get Social Security plus a government pension. [/quote] That is correct for the old plan. There is a SS offset. I think you get some of it though. [/quote] With FERS and anyone who joined the government after 1984 has FERS, you get full SS plus pension. As an employee you are paying just as much in to SS as you would as a private sector employee[/quote] My DH started in late 1983 and stayed on CSRS. But then switched to the private sector so has been paying into SS at the max level for the last 15 years. He has enough years to get the pension and SS but some portion of the SS will be an offset. Not totally clear how much, or if it makes sense to take SS early or defer to 70.[/quote]
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