Pension funding


Q: With the ballooning deficits and the fact that the government has regularly “borrowed” from pension funds, should we be worried about actually receiving our full pensions when we retire?

A: No, you don’t need to worry, and it doesn’t make any difference whether you are covered by CSRS or FERS. All retirement contributions go into and annuity payments come out of the same place: The Civil Service Retirement and Disability Fund.


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