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  2. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...

  3. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    The Federal Employees' Retirement System (FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2] FERS consists of three major components:

  4. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    If Members leave Congress before reaching retirement age, they may leave their contributions behind and receive a deferred pension later. [1] The current pension program, effective January 1987, is under the Federal Employees Retirement System (FERS), which covers members and other federal employees whose federal employment began in 1984 or later.

  5. The rule of 25 for retirement: What it means and how to ... - AOL

    www.aol.com/finance/rule-25-retirement-means...

    Rule of 25: After accounting for her Social Security and other sources of retirement income, Katie plans to spend $40,000 a year in retirement. 40,000 x 25 = $1 million, so Katie would need $1 ...

  6. How all 50 states tax retirement income: A ... - AOL

    www.aol.com/finance/states-that-tax-retirement...

    The state offers a $30,000 pension income deduction that applies to most forms of retirement income, but retirees must subtract their exempt Social Security benefits from that deduction before ...

  7. President Trump's plans for Social Security could drain ... - AOL

    www.aol.com/finance/trumps-campaign-promises...

    President Trump's plans for Social Security could drain program in 6 years, experts say — here's how to help protect your retirement plans Gemma Lewis February 4, 2025 at 3:01 AM

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