Anonymous wrote:Anonymous wrote:The generation with pensions had to stay to get their payout... lots of people in my office are retiring after 30/ 40 years. What will we (the FERS a generation) or you, personally, do? Will you have a 40th anniversary as a fed?
I sure as heck hope to! FERS blows, but as our economy continues to deteriorate, it will look like a nirvana. Already does to so many people: some job announcements close within an hour or so, because the number of applications reaches the cut-off number very, very quickly.
Anonymous wrote:The generation with pensions had to stay to get their payout... lots of people in my office are retiring after 30/ 40 years. What will we (the FERS a generation) or you, personally, do? Will you have a 40th anniversary as a fed?
Anonymous wrote:Anonymous wrote:I am GS-15 in my mid 30's have been Fed for over 10 years now. I plan to be a Fed for at least another 20 years. At times it is demoralizing, and frequency of management reporting is soul robbing but I have family to care for and mortgage to pay.
After I retire, I will become a high paid contractor.
Don't mean to sound ungrateful. Feel very blessed.
Anonymous wrote:I don't know. I'm mid-40s with not a lot saved for retirement. I've been a fed for four years. If I stay for 20 years until I retire I've have a little pension at least. But the thought of staying just for that reason is demoralizing....
All of my former colleagues who retired from the Fed and went to work as "high paid contractors" are miserable. They are working 10x harder in private industry with a lot more stress and travel.
Anonymous wrote:I am GS-15 in my mid 30's have been Fed for over 10 years now. I plan to be a Fed for at least another 20 years. At times it is demoralizing, and frequency of management reporting is soul robbing but I have family to care for and mortgage to pay.
After I retire, I will become a high paid contractor.
Don't mean to sound ungrateful. Feel very blessed.
Anonymous wrote:I don't know. I'm mid-40s with not a lot saved for retirement. I've been a fed for four years. If I stay for 20 years until I retire I've have a little pension at least. But the thought of staying just for that reason is demoralizing....
Anonymous wrote:Yup. I'm in it for the work life balance and job security. I just had my review with my boss the other day and he asked about my 5 year and 10 year plan. I told him I'm happy to be a GS-13 worker bee and cen't imagine the pay increase worth having to supervise people.
Anonymous wrote:The generation with pensions had to stay to get their payout... lots of people in my office are retiring after 30/ 40 years. What will we (the FERS a generation) or you, personally, do? Will you have a 40th anniversary as a fed?
Anonymous wrote:I'm starting as a GS-7 right out of college. My track has potential to a GS-13. I plan to at least stay that far, if it doesn't take a huge amount of time. Do you think that is possible in 10 years? Then, I will think about private sector.
Anonymous wrote:I am GS-15 in my mid 30's have been Fed for over 10 years now. I plan to be a Fed for at least another 20 years. At times it is demoralizing, and frequency of management reporting is soul robbing but I have family to care for and mortgage to pay.
After I retire, I will become a high paid contractor.
Don't mean to sound ungrateful. Feel very blessed.
+1, except I'm 28 and a GS-14. No where to go but up!
Anonymous wrote:I don't know. I'm mid-40s with not a lot saved for retirement. I've been a fed for four years. If I stay for 20 years until I retire I've have a little pension at least. But the thought of staying just for that reason is demoralizing....
Anonymous wrote:I don't know. I'm mid-40s with not a lot saved for retirement. I've been a fed for four years. If I stay for 20 years until I retire I've have a little pension at least. But the thought of staying just for that reason is demoralizing....