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0 pointsianai4y ago0 comments

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

0 comments

I don't know of any federal government 401k; everyone gets a "pension", it's called FERS (Federal Employees' Retirement System)

bradj4y ago

There’s a government program that is similar to a 401k, called the Thrift Savings Plan.

ianaiOP4y ago

It doesn’t cover as many as you may expect.

j / k navigate · click thread line to collapse

I don't know of any federal government 401k; everyone gets a "pension", it's called FERS (Federal Employees' Retirement System)

bradj4y ago

There’s a government program that is similar to a 401k, called the Thrift Savings Plan.

ianaiOP4y ago

It doesn’t cover as many as you may expect.

j / k navigate · click thread line to collapse