Federal Retirement Information Can Help You Decide On Best Retirement Plan

It is important that you find pertinent federal retirement information so that you become well informed enough to choose the best federal retirement plan of which there are in fact two main types worth knowing more about: Civil Service Retirement System or CSRS; and, there is Federal Employees Retirement System or FERS.

Civil Service Retirement System

If you look for federal retirement information on the first type of federal retirement plan you will find that it (CSRS) offers 5 separate benefit categories. In fact, this same federal retirement information will also show you that eligibility for this form of retirement benefits is based on the age of the individual as well as the years of service put in as an employee of the federal government and which also includes CSRS special requirements.

Going by available federal retirement information on CSRS you will also learn that eligibility for such a plan requires having worked for 2 consecutive years in a position covered by CSRS. Furthermore, according to available federal retirement information you can also find out more about the 5 benefit categories under CSRS. These categories deal with firstly, those people that left the employment of the federal government and who did not meet the age as well as service requirements for availing of CSRS.

Secondly, it deals with employees that were employed in agencies undergoing reorganization or a reduction in the workforce or whose functions are being transferred. Thirdly, federal retirement information shows that another category of CSRS benefits deals with people that retired as air traffic controllers or as firefighters or as personnel involved in law enforcement. Fourthly, there is a separate category that deals with people that left their service involuntarily though without being accused of delinquency or misconduct. Lastly, there is separate category for those that were disabled from being able to fulfill their job functions.

There is also separate federal retirement information available for those covered under FERS and here again a person's age and number of years on the job help decide the benefits they stand to get from FERS plans.

It pays to also learn from available early retirement information just how to ensure that you do not lose benefits as a result of opting to retire earlier than the full retirement age. In fact, without pertinent information it would be difficult to decide whether or not to opt for early retirement and in addition it would also not be possible to know for sure what consequences of early retirement are.