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CSRS is a public pension fund for most civilian employees in the US federal government since 1920. It is a defined-benefit plan that does not participate in Social Security, and it has been replaced by FERS for new hires since 1987.
Learn about the history, types, and funding of public sector pensions in the U.S. at the federal, state, and local levels. Compare the retirement benefits and risks of different plans and systems across the country.
This web page ranks the 30 largest public pension plans in the U.S. by total assets, funded status, and assumed rate of return as of 2016. It also explains the difference between government and collectively bargained pension funds and provides some external links.
Learn about the pension benefits for members of the United States Congress, who are covered by different retirement systems depending on their election date. Find out the eligibility, calculation, and payment of congressional pensions, and how they are financed.
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The Thrift Savings Plan (TSP) is a retirement plan for US federal employees and uniformed service members. It has two types of contributions: employee contributions and matching contributions, which vary by eligibility and limits.
A 401 (k) plan is a personal retirement account that allows employees to contribute pre-tax or after-tax income to their retirement savings. Learn about the history, taxation, types, and rules of 401 (k) plans in the United States.
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