The Federal Employees Retirement System (FERS) is a retirement plan that covers all employees in the executive, judicial, and legislative branches of the federal government. Employees under FERS ...

FERS provides a three-part retirement plan for U.S. civilian federal employees. Retirees receive Social Security, Basic Benefit Plan pensions, and Thrift Savings like a 401(k). Full retirement is ...

About one-quarter of state and local government employees—primarily teachers, along with some police officers, firefighters, and general government workers—do not participate in the program.

The Federal Employees Retirement System (FERS) is a retirement plan that covers all employees in the executive, judicial, and ...