Re:The IRS’s Effort to Convert Its Assembly Codebase to Java
by fma on Wednesday February 14, 2018 @10:12PM
(#16381639)
Your relative either doesn't have an understanding of her retirement plan or isn't telling you everything. One component of the FERS is the "Basic Benefit Plan" which is the pension.
https://www.investopedia.com/articles/personal-finance/06251...
Re:The IRS’s Effort to Convert Its Assembly Codebase to Java
by snowwrestler on Tuesday February 20, 2018 @02:45PM
(#16423495)
I followed up on this and you're right, there is a pension component too. Although she laughed and said it is "hilariously small."
A relative of mine has been a federal employee for over a decade and gets neither of those. She has a TSP (like a government 401k) and that's it.
Maybe some federal employees got something like this at some point, but it's very misleading to just drop that into conversation like it's true across the board.