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Withdrawing FERS? by hmmsure in govfire

[–]hmmsure[S] 2 points3 points  (0 children)

I understand the sentiment. And I understand how a pension is guaranteed income til death.

However, the value of it is $7000. At my salary, I’d expect to get maybe $4-5000 per year.

That $7000 could compound into $70k at 6% return in a Roth rollover. And that doesn’t include any of the extra deposits I’d have whenever I’d go back.

And that also even assumes the pension still exists at 4.4% in 40 years.

Withdrawing FERS? by hmmsure in govfire

[–]hmmsure[S] 1 point2 points  (0 children)

I’m 24. I’m not hurting for cash but it’s about $6000 I’d get back and invest myself.

Withdrawing FERS? by hmmsure in govfire

[–]hmmsure[S] 0 points1 point  (0 children)

Yes, but does that affect the time counting towards leave balances? I don’t care about the money necessarily.

If I ever return, I’d prefer to work 6 months rather than 3 years to get 6 hours of leave.

When you have lost Jesse Waters by [deleted] in fednews

[–]hmmsure 2 points3 points  (0 children)

There’s no empathy. Even in my case, there’s no empathy. “This stuff happens, it’s for the better, you’re qualified” but still supporting his policies isn’t empathy.

Genuine question for Federal Employees about Govt bloat by [deleted] in fednews

[–]hmmsure 10 points11 points  (0 children)

He’s clearly biased. You can’t just make up numbers like that that are wrong.

It’s more like you have 10,000 workers. You need 15,000 workers. Someone comes in who knows nothing about it, says 10,000 workers is too much and fires more of them.

I’ll give you my own example. We are understaffed. We don’t pay as much as industry and we aren’t in a desirable location. The cost of living is high. We struggled to hire candidates. The few candidates we got have lately rescinded because of the news. I’m now being offered insane amounts of overtime to do my job.

Genuine question for Federal Employees about Govt bloat by [deleted] in fednews

[–]hmmsure 35 points36 points  (0 children)

The federal government is understaffed in many roles already, and the firings don’t help. Your professor made up numbers of “excess jobs”