Under the Civil Service Retirement System (CSRS), as long as a federal employee worked 20 to 30 years in government, their benefits were guaranteed, no matter the length of retirement. Since 1983, the federal government has been operating under the Federal Employees Retirement System (FERS), which leaves much of the responsibility of retirement planning up to the individual.
ALL INSIGHTS Infographic POSTS
Federal managers joined budget expert and "Fiscal Fitness" author Stan Collender for a Government Executive Town Hall event to discuss the super committee and the stalemate budget climate's effects on federal budgets. This infographic, produced by the Government Business Council, the research arm of Government Executive, features this conversation and recent survey data on government employees' suggestions to streamline processes and reduce waste.