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Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005).; Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
Most new federal employees hired on or after January 1, 1987, are automatically covered under FERS. Those newly hired and certain employees rehired between January 1, 1984, and December 31, 1986, were automatically converted to coverage under FERS on January 1, 1987; the portion of time under the old system is referred to as "CSRS Offset" and only that portion falls under the CSRS rules.
Congressional pension is a pension made available to members of the United States Congress. As of 2019, members who participated in the congressional pension system are vested after five years of service. A pension is available to members 62 years of age with 5 years of service; 50 years or older with 20 years of service; or 25 years of service ...
Vernon Reffitt got $30,000 to leave the Army in 1992. It was a one-time, lump-sum special separation benefit offered to service members when the U.S. had to reduce its active-duty force.
Genetically modified seed giant Monsanto announced yesterday its third-quarter dividend of $0.375 per share, the same rate it's paid the past three quarters after it raised the payout 25% from $0. ...
Military retirement (United States) Military retirement in the United States is a system of benefits designed to improve the quality and retention of personnel recruited to and retained within the United States military. These benefits are technically not a veterans pension, but a retainer payment, as retired service members are eligible to be ...
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The Individual Ready Reserve ( IRR) is a category of the Ready Reserve of the Reserve Component of the Armed Forces of the United States composed of former active duty or reserve military personnel. Its governing statute is codified at 10 U.S.C. ยง 10144. For soldiers in the National Guard of the United States, its counterpart is the Inactive ...