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Reply to "Compensation and pension at Federal Reserve"
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[quote=Anonymous]As for the Fed’s small merit increases, you have to look at the whole compensation package. Each agency has their salary or benefit advantages and disadvantages; none have them all. The Fed has a great pension and bonus. BUT, the very best of the Fed goes to officers, economists, and attorneys. If you’re not one of those, the good pension still applies, but the bonus is 10% or less. Offsetting the bonus is ridiculously low wage increases. [/quote]
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