Monday, September 10, 2007

Federal employees who were switched to social security in 1980s claim to be cheated

I got a comment this morning from a former federal employee who does not like the way the Federal Employees Retirement System (FERS) has worked since the change in the 1980s. The components are Social Security Benefits, Basic Benefit Plan, and Thrift Savings Plan. The basic Office of Personnel Management Link for this is called "New Employee Benefits" and is here.

The comment was left on my main blog entry, here, in response to a form letter from a lobbyist preserve social security without privatization. The comment mentions filial responsibility -- the need to hire caregiving for other family members.

Update: Oct. 29, 2007

The Washington Metro Transit Authority now advertises The National Active and Retired Federal Employees Association, particularly a subsite that reads "Federal Employees: Laws Can Change, So Can your RETIREMENT."