Re: FERS Sick Leave

How about the fact that CSRS employees do not have to pay into social security and FERS employees do - and it will not be there for FERS employees to even claim. FERS employees get screwed compared to CSRS employees.

Re: FERS Sick Leave

You hit it right on the nailhead. This is where the problem exist. social security is a government hand out and distribution of government handouts go broke over a period of time ,years. When President Bush wanted to privatize it to those who wanted to go that route, he got turned down. I bet my retirement would have almost doubled if it where turned to the free market system with me controlling it. Thanks for your input.

Re: FERS Sick Leave

First off, Social Security will be there, what politician will let Social Security fail. It has to remain in place even if tax rates are increased or a large segment of the public will have nothing, which if I'm not mistaken is what happened in the Great Depression and is what lead to Social Security being created. So again, get over the whole "it won't be there thing." Second, Social Security repays all the taxes you paid within 5 to 8 years in most cases. While its true some of the ultra smart investors could take your FICA tax and turn it into some great nest egg, its also true that if you took that nest egg and bought a private annuity, that your monthly payment would be less than that of Social Security. Even if you did well, what of everyone else? More people would be poorer in retirement and after 65 end up on Supplemental Security Income and in subsidized housing, which is paid for by tax dollars. You'd also have to save for Medicare and Disability which is also in FICA.

Re: Link

The link has been repaired to show the entire bill.

Re: Link

You know what? I'm getting so sick and tired of FERS employees whinning about not getting credit for sick leave so they abuse it to no end. If Federal Managers had any backbone, they would document sick leave abuse and after repeated violations tell the abusers to let the door hit you where the good Lord split you! Then hire people who want to work rather than abuse tax payer dollars. CSRS employees don't have any match to our TSP but do you hear us crying about not being bailed out by the government which is all that the match program is. It is government sponsored Welfare for a bunch of lazy good for nothing cry babies. You people need to either grow up or go out and get a job in the private sector where you will finally have to work for a living!

Re: Link

I don't know what office you work in but its the CSRS who are the lazy good for nothings and the newer FERS employees that actually have a work ethic. You get a much higher pension and a bump in your calculation on that pension for your sick leave. You also get full COLAs in retirement while FERS employees only get a percentage of your COLA. You think the Government changed their retirement package because they wanted to give better benefits? They switched to foot less of a bill. Quit whinning about the match in TSP, the investment options are narrow and limit any real investment strategy. AND that's the only thing we get that you don't. Oh and Social Security which when combined with a FERS pension still doesn't hit what you will receive. I'd rather sit around soaking up sick leave doing nothing and know that I'd have over 50% of my pre-retirement income then actually have to worry about investing to even reach 50%. Enjoy WEP.

Re: Increase Federal Annuity Payments to Some

Exactly it won't count

Re: Intelligence in the House

You might be correct but don't discount the fact that many of us CSRS employees use our annual leave when we are sick. There's no incentive for FERS to do that. I don't believe it's all abuse from the FERS group.

Re: FERS sick leave law change

I'm sure someone would but what are you willing to give up to fund it? How about forgoing annual COLA's in retirement