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CSRS and FERS: Understanding Your Federal Retirement Annuity

... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Your Federal Retirement Annuity for CSRS and FERS As a federal employee, you are eligible for a retirement annuity through either the Civil Service Retirement System (CSRS) or the Federal Employees Retirement System (FERS). These annuity programs provide a stable and reliable source of income during your retirement years, ensuring that you can enjoy the fruits of your labor and live comfortably after leaving the workforce. The CSRS is designed for employees who were hired before 1984, while FERS covers those who joined the federal government after that date. Both programs provide a retirement annuity that is calculated based on your length of service, average salary, and a specific formula. It's important to understand the differences between these two systems and ...