Federal Employees Retirement System

The Federal Employees Retirement System (FERS) is the current retirement system for employees within the U.S. federal civilian employees. FERS was enacted on June 6, 1986, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector.

Read more about Federal Employees Retirement SystemEligibility, Structure, FERS Annuity, FERCCA Legislation

Other articles related to "federal employees retirement system, federal, retirement, employees, retirement system":

Federal Employees Retirement System - FERCCA Legislation
... The Federal Erroneous Retirement Coverage Corrections Act (FERCCA) legislation was signed in September 2000 ... It was designed to provide relief to federal civilian employees who were placed in the wrong retirement system for at least three years of service after ... FERCCA gave affected employees and annuitants placed in the wrong retirement system an opportunity to choose between the Federal Employees Retirement System (FERS) and the offset ...

Famous quotes containing the words system, retirement, federal and/or employees:

    Psychoanalysis is an attempt to examine a person’s self-justifications. Hence it can be undertaken only with the patient’s cooperation and can succeed only when the patient has something to gain by abandoning or modifying his system of self-justification.
    Thomas Szasz (b. 1920)

    The student who secures his coveted leisure and retirement by systematically shirking any labor necessary to man obtains but an ignoble and unprofitable leisure, defrauding himself of the experience which alone can make leisure fruitful.
    Henry David Thoreau (1817–1862)

    Prestige is the shadow of money and power. Where these are, there it is. Like the national market for soap or automobiles and the enlarged arena of federal power, the national cash-in area for prestige has grown, slowly being consolidated into a truly national system.
    C. Wright Mills (1916–1962)

    I have said many times, and it is literally true, that there is absolutely nothing that could keep me in business, if my job were simply business to me. The human problems which I deal with every day—concerning employees as well as customers—are the problems that fascinate me, that seem important to me.
    Hortense Odlum (1892–?)