Report Documents Shift from CSRS to FERS in Workforce

Snippet of Article: "...The FERS system became the majority system within the federal workforce only about a decade after it was launched; by fiscal 1996, it accounted for 53 percent of current employees to 47 percent for CSRS. That share steadily grew as the generally older CSRS employees retired so that now only 6 percent of current employees are under CSRS, the report said. Of current retirees, 67 percent are under CSRS. Separate OPM data show that just about the same share, 69 percent, of those who retired in 2015 were covered by FERS,..."

Source: www.fedweek.com