South_agency / Getty Images The Federal Employees Retirement System (FERS) is a retirement plan that covers all employees in the executive, judicial, and legislative branches of the federal ...
It was replaced in 1987 by the Federal Employees Retirement System (FERS). However, employees who were originally set up through the CSRS still receive their benefits through that program ...
These options provide flexibility in risk management, allowing participants to create a portfolio that aligns with their risk tolerance and retirement timeline. In addition to employee contributions, ...