3 ms·

Who’s getting pensions in government? I thought they were all 401k now.

• meowster 5y ago
  I don't know of any federal government 401k; everyone gets a "pension", it's called FERS (Federal Employees' Retirement System) https://en.wikipedia.org/wiki/Federal_Employees_Retirement_System https://en.wikipedia.org/wiki/Federal_Employees_Retirement_S...
  • bradj 5y ago
    There’s a government program that is similar to a 401k, called the Thrift Savings Plan. https://www.tsp.gov/ https://www.tsp.gov/
  • ianai 5y ago
    It doesn’t cover as many as you may expect.