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  2. General Schedule (US civil service pay scale) - Wikipedia

    en.wikipedia.org/wiki/General_Schedule_(US_civil...

    The pay scale was originally created with the purpose of keeping federal salaries in line with equivalent private sector jobs. Although never the intent, the GS pay scale does a good job of ensuring equal pay for equal work by reducing pay gaps between men, women, and minorities, in accordance with another, separate law, the Equal Pay Act of 1963.

  3. 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 ...

  4. Railroad Retirement Board - Wikipedia

    en.wikipedia.org/wiki/Railroad_Retirement_Board

    Qualified railroad retirement beneficiaries are covered by Medicare in the same way as social security beneficiaries. As noted, the RRB pays retirement annuities to employees, as well as their spouses and/or divorced spouses, if the employee had at least 10 years of railroad service, or 5 years if performed after 1995.

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

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

    Rhode Island. Rhode Island taxes all retirement income, including Social Security, with three state income tax brackets ranging from 3.75% to 5.99%. But seniors with AGIs below the state’s ...

  6. This new law creates a state-sponsored retirement fund for ...

    www.aol.com/law-creates-state-sponsored...

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  7. Here are the biggest retirement changes coming in 2023 - AOL

    www.aol.com/finance/biggest-retirement-changes...

    Huge Social Security increase. Social Security beneficiaries will see a pay raise next year thanks to an 8.7% increase in the Social Security cost-of-living adjustment (COLA) for 2023.. The ...

  8. Civil Service Retirement System - Wikipedia

    en.wikipedia.org/wiki/Civil_Service_Retirement...

    Employees hired after 1983 are required to be covered by the Federal Employees Retirement System (FERS), which is a three tiered retirement system with a smaller defined benefit (pension), Social Security, and a 401(k)-style system called the Thrift Savings Plan (TSP). The defined benefits of both the CSRS and the FERS systems are paid out of ...

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