I did a lot of looking around about this year and found out some real bad news. All 6c covered postions are all the same and FAMs fall under this.
1.7 percent every year upto 20 years.
1.0 percent every year after 20 years.
Example for 25 years total federal 6c covered postion:
34% for 20 years / 5% for the last 5 years with a grand total of = 39%.
So if I never get a raise and I am making $85,000 a year then I would get a wopping $33,165.21 a year for 25 years of service.
NOW THIS FU_KING SUCKS BIG TIME! Who the hell wants to work for 25 years and only get $35,000 a year for retirement?
I should of stayed with the police department then I would of gotten 70% of my salary for only 20 years and even more if I stayed on past 20 years. I wish I would of stayed on the street but it is to late.
1.7 percent every year upto 20 years.
1.0 percent every year after 20 years.
Example for 25 years total federal 6c covered postion:
34% for 20 years / 5% for the last 5 years with a grand total of = 39%.
So if I never get a raise and I am making $85,000 a year then I would get a wopping $33,165.21 a year for 25 years of service.
NOW THIS FU_KING SUCKS BIG TIME! Who the hell wants to work for 25 years and only get $35,000 a year for retirement?
I should of stayed with the police department then I would of gotten 70% of my salary for only 20 years and even more if I stayed on past 20 years. I wish I would of stayed on the street but it is to late.
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