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Social Security for Federal Employees
Here at The AMAC Foundation, we hear almost daily from Federal retirees who are angry than their Social Security benefits are reduced because of their Federal pension. Truth is, that applies to some Federal employees but not all (it also applies to State employees in some states, predominantly teachers, law enforcement and fire protection employees). For Federal employees (including Congress) there are two retirement systems which come into play - the older Civil Service Retirement System (CSRS), which did not include participation in Social Security, and the newer Federal Employee Retirement System (FERS) which did. Social Security benefits for those who retire under FERS are not reduced by the Federal pension, but SS benefits for those retiring under CSRS are reduced. The history of how and why the Federal Government switched from CSRS to FERS is explained in this Arizona Star (tucson.com) article by retired Social Security expert Tom Margenau. Click here to read more.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.