8:19 am, May 23, 2015

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  • Retire Or Stay
    Bud
    I'm a retired CSRS type(1967-2003).To retire or stay is a very individual choice.In my case,the childrens college bills,wedding costs,etc. were finally paid.The wife and I were in reasonably good health.We did the math.At 36 years you get about 68% of the high 3 minus the spouse offset which gives you roughly 62%.Then you dont pay the 7% CSRS contribution or the 1.45% Medicare/Medicaid.We moved from a state/city situation where the state/city combo income tax was 7%.I also get to exclude about 5% of my annual CSRS pension from income tax(the 35 years recovery rule or whatever).Then you're not paying for commute costs,lunches, etc.The bottom line for us was retire and receive about 80% of what you were making.So after the math crunching,it was a no brainer.RETIRE!!!We lucked out,sold the house quickly,and now live well in a lower priced housing market(n0 mortgage) and are enjoying retirement immensely.Good luck to all of you still working Feds as you make your own choices.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Retire or not to retire
    Govt Mule
    If I were under CSRS and could retire, I would gladly "kick rocks" and get the heck out of dodge. I'm seriously considering leaving the govt once the economy recovers because even after the economy recovers, fed workers will probably still be the same overworked underpaid people that we are. I'm not an executive level worker....just a rank-and-file person who does a lot of work and gets a beatdown everytime Congress wants to pound its chest and say to Americans, "look what we did". If you can retire, GET OUT NOW!!!
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • News Flash! "The War on Federal Workers" has Already Produced Effects and Not Just with Potential Retirees
    lambanlaa
    At my employer, the War on Federal Workers has already had an effect: 1) Some young, bright Federal workers with good ideas have seen the writing on the wall and started to depart before becoming too committed to the cause. 2) Some private sector reformers who were recently recruited into the federal government with good ideas have started to move back to the private sector. 3) Some of the high performing, long-term/lifer government achievers are wondering if wearing the yellow "F" is still worth the "safety" and "high pay" they receive from being federal workers, when their worth and justification to deserve their pay and benefits is judged in the court of public opinion. So, after the good ones decide that the potential bad outweighs the good, what will be left are those that the uninformed public complains currently make up the whole federal workforce. Is this what the reformers want? If so, congratulations on a job well done.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • News Flash! "The War on Federal Workers" has Already Produced Effects and Not Just with Potential Retirees
    lambanlaa
    At my employer, the War on Federal Workers has already had an effect: 1) Some young, bright Federal workers with good ideas have seen the writing on the wall and started to depart before becoming too committed to the cause. 2) Some private sector reformers who were recently recruited into the federal government with good ideas have started to move back to the private sector. 3) Some of the high performing, long-term/lifer government achievers are wondering if wearing the yellow "F" is still worth the "safety" and "high pay" they receive from being federal workers, when their worth and justification to deserve their pay and benefits is judged in the court of public opinion. So, after the good ones decide that the potential bad outweighs the good, what will be left are those that the uninformed public complains currently make up the whole federal workforce. Is this what the reformers want? If so, congratulations on a job well done.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • News Flash! "The War on Federal Workers" has Already Produced Effects and Not Just with Potential Retirees
    lambanlaa
    At my employer, the War on Federal Workers has already had an effect: 1) Some young, bright Federal workers with good ideas have seen the writing on the wall and started to depart before becoming too committed to the cause. 2) Some private sector reformers who were recently recruited into the federal government with good ideas have started to move back to the private sector. 3) Some of the high performing, long-term/lifer government achievers are wondering if wearing the yellow "F" is still worth the "safety" and "high pay" they receive from being federal workers, when their worth and justification to deserve their pay and benefits is judged in the court of public opinion. So, after the good ones decide that the potential bad outweighs the good, what will be left are those that the uninformed public complains currently make up the whole federal workforce. Is this what the reformers want? If so, congratulations on a job well done.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }