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10 Possible Changes to the Federal Employee Pension Plan

FIRE Psy Chat 127,148 4 months ago
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The federal employee pension plan could be facing major changes that might impact your retirement. From potential benefit reductions to adjustments in contribution rates, staying informed is crucial for protecting your financial future. In this video, we’ll break down 10 possible changes and what they could mean for federal employees planning for retirement. Don’t get caught off guard—stay ahead and prepare for what’s coming! 📖 FIRE Investing Academy 📖 ➡️ https://www.firepsychat.com/fireinvesting Join my private FIRE 🔥 Community to connect with me! 🙂 ➡️ https://firepsychat.com/community 👨‍🏫 Financial Consultation 👩‍🏫 Schedule a 1-on-1 Private Session with Psy ➡️ https://www.firepsychat.com/consultation The budget app! Start your free YNAB trial today! ➡️ https://www.firepsychat.com/ynab Increase your income by starting a course in Course Careers! ➡️ https://coursecareers.com/a/FIREPsyChat 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ https://www.firepsychat.com/resources Become a Channel Member! ➡️ https://www.youtube.com/channel/UCxVMI3H_O2PW5O4qpORkZ_Q/join For sponsorships and business inquiries ➡️ [email protected] ⏰ Table of Contents ⏰ 0:00 Introduction 1:12 FERS Pension Proposals 2:43 Eliminate FERS Supplemental Retirement Payments 4:36 Fraud Against FERS 5:50 Eliminate FERS Supplemental Retirement Payments 6:14 High-5 Instead of High-3 Salary 7:37 Federal Employee Health Benefits Protection Act (H.R. 7868) 7:52 New Feds At-Will Unless Higher FERS Contributions 8:41 Eliminate Official Time Unless Unions Reimburse Government 8:48 Fee for Federal Employee MSPB Appeals 9:20 Limit Adjustment for Federal Employee Buyouts 10:05 FEHB from Premium-Share Model to a Voucher Model 11:11 TSP G Fund Subsidy #FIREPsyChat #FinancialIndependence #FederalPension 🎵 Music and Sound Effects Provided by Epidemic Sound 🎵 https://www.epidemicsound.com/referral/de9jqv/ Disclaimer: This video is not in any form of personalized financial advice. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence or seek the advice of a licensed advisor if necessary. Affiliate Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.

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