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Reply to "Do you feel confident in the long-term sustainability of the federal pension program?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No, OP us incorrect. FERS is a combination of your contributions and employer contributions, invested in Treasury bonds. It's not in the stock market. [/quote] is the FERS fund protected or the money is lent over to something else?[/quote] "The CSRDF is similar to the Social Security trust fund in that, by law, 100% of its assets are invested in special-issue U.S. Treasury bonds or other bonds backed by the full faith and credit of the U.S. government. When the trust fund needs cash to pay retirement benefits, it redeems the bonds and the Treasury disburses an equivalent dollar value of payments to civil service annuitants." https://www.congress.gov/crs-product/RL30023 [/quote]
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