CSRS vs. FERS | Why do i have to pay money to get military time added to my FERS pension?

Why do i have to pay money to get military time added to my FERS pension?

Snippet of Article: "...You need to pay a deposit to add military time to your federal pension because military service performed after 1956 is not creditable under FERS without a deposit. This deposit is called the Post-56 Military Deposit. ..."

Source: AI Generated

FERS vs CSRS,Post-56 Military Deposit, Veterans Under FERS Must Buy-Back Military Service to Get Credit,

---

What is the Windfall Elimination Provision (WEP)?

Snippet of Article: "...The Windfall Elimination Provision (WEP) is a formula used to adjust Social Security worker benefits for people who receive “non-covered pensions” and qualify for Social Security benefits based on other Social Security–covered earnings. a A non-covered pension is a pension paid by an employer that does not withhold Social Security taxes from your salary, typically, state and local governments or non-U.S. employers. ..."

Source: www.ssa.gov

What is the Windfall Elimination Provision (WEP)?

---

Buying the vote: Democrats propose federal worker 8.7% pay raise in 2024 ...but nothing for retirees

Democrats propose federal worker 8.7% pay raise in 2024

Snippet of Article: "federal workers an 8.7% pay raise in 2024, a raise they say is needed because they suffered through both the COVID pandemic and the Trump administration. ..."

Source: yahoo.com

Snubbing Retirees, Anti-Retiree Administrations,Biden Legacy,Destruction of Postal and federal retirees,Social Security, OPM Pensions for postal and federal FERS retirees, FERS vs CSRS,