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[quote=Anonymous]If you were in FERS, you can stay in FERS or switch to the Federal Reserve Bank Plan (FRS). FRS is better, there is no employee contribution and the payout is 1.3% of final avg salary up to $67,308 and 1.8% of final salary in excess of $67,308. The FRS thrift plan pays automatic 1% agency contribution and matches up to an additional 7%.[/quote]
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