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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 entitled to certain retirement benefits to ensure a secure future after years of dedicated service. One of the most important benefits is the Federal Retirement Annuity, which offers a reliable income stream upon your retirement. In this article, we will explore the details of the Federal Retirement Annuity for both the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS). CSRS Annuity: The CSRS Annuity is available to federal employees who were hired before January 1, 1984. Through CSRS, eligible employees contribute a portion of their salary throughout their working years to build up their retirement fund. This fund is used to provide a monthly income