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Reply to "Fed Retirement Under FERS"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am always surprised at how many FERS employees don't know that they are earning an annuity on top of the TSP. [/quote] Wait, I am confused! I thought you only get an annuity if you convert the money saved in your TSP to an annuity -- i.e. you either get TSP money OR an annuity?[/quote] Check your PAY STUB![/quote] FERS is the pension and TSP is the 401(k) type plan. The FERS benefit is much smaller than the CSRS pension but still you have a pension check out olms website for info. How do people not know this? FWIW I am not a fed and I know this.[/quote]
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