Social Security Benefits in Federal Employee Retirement
Understanding the Federal Employee Retirement System (FERS) FERS emerged in 1987 as the replacement for CSRS, reflecting the changing employment landscape where career-long federal service became less common. The system provides more portability for employees who might move between government and private-sector jobs throughout their careers. FERS stands on three distinct legs: This three-pronged approach marks a substantial departure from CSRS, which offers a more generous standalone pension but generally excludes Social Security benefits based on federal employment. CSRS employees …