I don't know what the pension plans are like at the SES level and above, but the government worker bees were switched to a 401k style plan in 1987, called the Thrift Savings Plan (TSP), which has a variety of options from which to choose and mix and match: stocks, government bonds, small cap and international funds, etc. At least, that was what Federal Employees Retirement System (FERS) looked like the last time I checked.
I eould like no pensions for govt officials. They should have 401 type retirements like people they "serve"
Gov are the only ones left with pensions because they don’t have to produce like normal businesses. They just take from citizens earnings and barrow.
I don't know what the pension plans are like at the SES level and above, but the government worker bees were switched to a 401k style plan in 1987, called the Thrift Savings Plan (TSP), which has a variety of options from which to choose and mix and match: stocks, government bonds, small cap and international funds, etc. At least, that was what Federal Employees Retirement System (FERS) looked like the last time I checked.
Mrs. "the Knife"
Agree