Originally Posted by
JamesNoBrakes
FERS is not a simple pension and the simple pensions of 50 years ago are long gone. I've noticed the last few inspectors that "retired" died within a year or two of retiring. Pretty morbid, but the Government seems to save a lot of money on those "pensions". I know of a few that have gotten let go as well, not immune to poor performance.
Yes I'm no fan of the GS in general, but the pensions have been dramatically modified over the last few decades. Kind of like a 401k + enhanced social security.