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> Benefits include health insurance, retirement plans, paid time off, and eligibility for performance-based awards Paid time off??? Health insurance??? Retir

> Benefits include health insurance, retirement plans, paid time off, and eligibility for performance-based awards Paid time off??? Health insurance??? Retirement plans???? OMG this is incredible! What an offer! /s

alephnerd 11mo ago
No 401k can ever match the beauty that is the TSP.
- raw_anon_1111 11mo ago
  I can guarantee you I can save/invest more in the private sector with the gap between public sector pay and make up for the TSP.
- jotux 11mo ago
  Left federal and my private 401k is 150% match up to 6%. Better than TSP in everything except fees, which are slightly higher. But that mattered a lot less than my pay, I was a GS-15 in a leadership role and took a role in the private sector for a 30% pay increase back into an individual contributor role. So much less work and a huge pay increase.
  - alephnerd 11mo ago
    > my private 401k is 150% match up to 6% Oh that's actually really good. Beats a TSP for sure even with the fees. But from what I remember you're at a defense contractor - they probably have the best benefits plans overall in the US.
  - phantasmish 11mo ago
    3 dollars for every 2 up to 6% of pay? So you could get up to 15% of pay into the 401k (or the annual limit, whichever comes first)? That’s by far the best I’ve ever heard of. Usually employers screw us by keeping the majority of the max annual contribution, which only they can make, out of our reach with crappy “50% match up to 3%” policies or whatever (even a 100% match means you can’t hit the actual annual max, it has to be higher than that).
kulahan 11mo ago
A gov-backed retirement plan actually is nice. You don’t have to worry about losing your Chrysler pension because they went out of business.
- bink 11mo ago
  Amusingly, there's actually a government agency that takes over pension plans from failed companies. PBGC.
  - actionfromafar 11mo ago
    Yet another corporate welfare mechanism.
- Jtsummers 11mo ago
  As I wrote in another comment, US Tech Force participants doing 2-year stints won't qualify for the gov't backed retirement (unless they were prior military, prior civil service, or find a non-term appointment to follow this stint with). You need three years to keep the 5% TSP (401k equivalent) match, which is similar to many private companies. You also need 5 years to qualify for FERS (if you quit before then you can get your contributions back, but that's optional as you may want to come back to gov't later and have the years count).
- testing22321 11mo ago
  What I meant was that in developed countries these things are the utter minimum, required by law. I don’t think it’s worth advertising you offer the bare minimum. Nothing to be proud of

alephnerd 11mo ago

No 401k can ever match the beauty that is the TSP.

raw_anon_1111 11mo ago
I can guarantee you I can save/invest more in the private sector with the gap between public sector pay and make up for the TSP.
jotux 11mo ago
Left federal and my private 401k is 150% match up to 6%. Better than TSP in everything except fees, which are slightly higher. But that mattered a lot less than my pay, I was a GS-15 in a leadership role and took a role in the private sector for a 30% pay increase back into an individual contributor role. So much less work and a huge pay increase.
- alephnerd 11mo ago
  > my private 401k is 150% match up to 6% Oh that's actually really good. Beats a TSP for sure even with the fees. But from what I remember you're at a defense contractor - they probably have the best benefits plans overall in the US.
- phantasmish 11mo ago
  3 dollars for every 2 up to 6% of pay? So you could get up to 15% of pay into the 401k (or the annual limit, whichever comes first)? That’s by far the best I’ve ever heard of. Usually employers screw us by keeping the majority of the max annual contribution, which only they can make, out of our reach with crappy “50% match up to 3%” policies or whatever (even a 100% match means you can’t hit the actual annual max, it has to be higher than that).

kulahan 11mo ago

A gov-backed retirement plan actually is nice. You don’t have to worry about losing your Chrysler pension because they went out of business.

bink 11mo ago
Amusingly, there's actually a government agency that takes over pension plans from failed companies. PBGC.
- actionfromafar 11mo ago
  Yet another corporate welfare mechanism.
Jtsummers 11mo ago
As I wrote in another comment, US Tech Force participants doing 2-year stints won't qualify for the gov't backed retirement (unless they were prior military, prior civil service, or find a non-term appointment to follow this stint with). You need three years to keep the 5% TSP (401k equivalent) match, which is similar to many private companies. You also need 5 years to qualify for FERS (if you quit before then you can get your contributions back, but that's optional as you may want to come back to gov't later and have the years count).
testing22321 11mo ago
What I meant was that in developed countries these things are the utter minimum, required by law. I don’t think it’s worth advertising you offer the bare minimum. Nothing to be proud of