Federal Employees' Retirement System Handbook for Members of Congress PDF Download
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Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 98
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Book Description
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 98
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Legislators
Languages : en
Pages : 48
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Book Description
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 132
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Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 43
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Book Description
The retirement benefits provided by the Civil Service Retirement System for Members of Congress are generally more generous than those provided for other federal employees. The major differences are found in the eligibility requirements for retirement and the formulas used to calculate benefits. The Member benefit formula applies to congressional staff, but they are covered by the general employee retirement eligibility requirements. Law enforcement officers and firefighters may retire earlier than general employees and are covered by a more-generous benefit formula than are general employees. Under the Civil Service Retirement System, the provisions for air traffic controllers fall between those for law enforcement officers and firefighters and those for general employees. Many of the advantages afforded to Members of Congress and congressional staff under the Civil Service Retirement System were continued under the Federal Employees Retirement System, which covers workers hired in 1985 and thereafter. But under the Federal Employee Retirement System, provisions for law enforcement officers, firefighters, and air traffic controllers are very similar to provisions for Members. GAO summarized this report in testimony before Congress; see: Congressional Retirement Issues, by Johnny C. Finch, Assistant Comptroller General for General Government Programs, before the Subcommittee on Post Office and Civil Service, Senate Committee on Governmental Affairs. GAO/T-GGD-95-165, May 15, 1995 (13 pages).
Author: Patrick J. Purcell
Publisher:
ISBN:
Category : Legislative bodies
Languages : en
Pages : 13
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Book Description
Prior to 1984, neither federal civil service workers nor Members of Congress paid taxes to Social Security, nor were they eligible for Social Security benefits. Members of Congress and other federal employees were instead covered by a separate pension plan called the Civil Service Retirement System (CSRS). The 1983 amendments to the Social Security Act (P.L. 98-21) required federal employees first hired after 1983 to participate in Social Security. These amendments also required all Members of Congress to participate in Social Security as of January 1, 1984, regardless of when they first entered Congress. Because the CSRS was not designed to coordinate with Social Security, Congress directed the development of a new retirement plan for federal workers. The result was the Federal Employees Retirement System Act of 1986 (P.L. 99-335).
Author:
Publisher: Office of Personnel Management
ISBN:
Category : Government employees' health insurance
Languages : en
Pages : 164
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Book Description
One computer diskette (3 1/2 in.) in pocket.
Author:
Publisher: Office of Personnel Management
ISBN:
Category : Civil Service Retirement System (U.S.)
Languages : en
Pages : 162
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Book Description
Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289103750
Category :
Languages : en
Pages : 54
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Book Description
Pursuant to a congressional request, GAO compared the retirement benefits available to members of Congress and congressional staff with those available to other employees under the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS). GAO found that: (1) CSRS provisions for congressional members are generally more generous than those for general employees; (2) Members of Congress, law enforcement officers, firefighters, and air traffic controllers may retire at a younger age and with fewer years of service than general and congressional employees; (3) Members, congressional staff, law enforcement officers, firefighters, and court judges enjoy a higher benefit formula than general employees; (4) air traffic controllers are covered by the general employee benefit formula, but they are guaranteed a minimum 50-percent pension; (5) general employees and Members are subject to having their pensions reduced if they retire early; (6) some special employee groups have their premium pay included in their benefit formulas; (7) employees who receive preferential benefits are required to make greater payroll contributions; (8) the FERS pension plan has many of the CSRS advantages for Members, congressional staff, law enforcement officers, firefighters, and air traffic controllers and has eliminated or changed some CSRS provisions; and (9) under FERS, law enforcement officers, firefighters, and air traffic controllers enjoy provisions similar to those for Members of Congress.
Author: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 9780788134395
Category :
Languages : en
Pages : 43
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Book Description
An analyses of federal and non-federal retirement programs comparing Members of Congress and Congressional staff with those available to other groups of employees under the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS). The results indicate that CSRS benefits for Members of Congress are generally more beneficial than the provisions for other employee groups, particularly general employees. Charts and tables.
Author: United States. Office of Personnel Management. Retirement and Insurance Group
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 76
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Book Description
