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Federal Employees Retirement FERS System - USDA

Federal Employees Retirement System FERSThis document contains highlights of the Federal Employees Retirement System (FERS). It is not intended to provide a detailed explanation of all the plan provisions or exceptions. The information is based on the Aprilinformation available at the time. Additional information is available at , and March 2016 1 Introduction Most people look forward to Retirement as a rewarding time. But, a rewarding Retirement doesn t just happen. In takes careful planning. Knowing when you can retire and understanding your Federal Retirement benefits are an important part of the planning process.

The Federal Employees Retirement System (FERS) covers most new, non-temporary employees hired on or after January 1, 1984. FERS is a retirement system that is responsive to the employee’s needs and decisions. Many of its features are “portable,” so if you leave Federal employment, you may still qualify for the benefits.

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