rightwinger
Award Winning USMB Paid Messageboard Poster
- Aug 4, 2009
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66% of final income at Fed Gov retirement is not bad at all, but you did not get any stock options.Pretty straight forward. 2% for every year you workWhat percentage of your income at retirement did you get as a pension?I spent 33 years working for the Federal Government.....retired at 55
The Gov retirees i know got at least 33% more if they retired @ 60 instead of 55.
5 years more of working will get you 10% (not anymore though, FERS will get you 5%)
No stock options but you could participate in the Thrift Savings Plan which is like a 401K...but you didn't get any matching contributions