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“State and local - yes. No on the Federal pension plan. The Federal pension plan was reformed in 1985 with the creation of FERS, the full realization of the reform effort haven't yet been observed. Pensions under FERS are not as generous as under the old CSRS (30% vice 80% for thirty years employement)”
From a Republican in Fredericksburg, VA
In reponse to: Should pension plans for federal, state, and local government workers be transitioned into privately managed accounts?