The FERS basic retirement benefit often includes a “supplement” to take the place of a Social Security retirement benefit when an employee retires with an unreduced, immediate benefit ...
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 ...
The Federal Employees Retirement System, or FERS, consists of three government-sponsored retirement plans: Social Security, the Basic Benefit Plan, and the Thrift Savings Plan. The Basic Benefit ...