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elleng

(141,926 posts)

2. Federal employee retirement system was changed 20+ years ago,

Reply to alp227 (Original post)

Wed Feb 1, 2012, 03:23 AM

Feb 2012

there are now 2 systems, old - CSRS, and new - FERS. Maybe changes made with FERS didn't solve or adequately address perceived issues at the time, but I think it was a big deal.

I'm a CSRS retiree, and don't recall undue wait to begin receiving annuity. Hope Fed. employee unions are keeping an eye on this; I expect they are.

I don't think this story is either well-written or clear; Washington Post should do much better.

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Highlight:

Senate studies delays in federal retirees’ annuity payments [View all] alp227 Feb 2012 OP

Federal Employees Are Entitled To What They Paid Into TheMastersNemesis Feb 2012 #1

Federal employee retirement system was changed 20+ years ago, elleng Feb 2012 #2