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  • Originally posted by JohnnyUtah1989 View Post
    Thanks. Now I understand why gs-8s are generally the biggest money makers overall.
    Also local agreements can factor in farther. A GS 8 step 10 here with e/w or m/w with shift differential, Sunday pay and portal pay makes $400.00 more a check every week just walking to work, then add any OT (and GS 8's make yrue OT making more per hour on OT than most GS 11 LT's) and holidays on top of that

    The best and most powerful job in BOP is a GS 8 step 10 with seniority. We get are preference on shift, job, days off, OT, vacation. In fact look at how many GS 8 officers use to be LT's but stepped down because of the BS involved.
    Last edited by in625shooter; 02-08-2016, 12:34 PM.

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    • Originally posted by in625shooter View Post
      e/w or m/w

      What's this^

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      • Originally posted by Fillup87 View Post
        What's this^
        E/W = Evening Watch (normally 1600-0000)
        D/W = Day Watch (normally 0800-1600)
        M/W = Morning Watch (normally 0000-0800)

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        • Awesome, thanks.

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          • Any veterans within the thread that are on the job and started recently please pm me thank you

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            • Originally posted by JohnnyUtah1989 View Post
              How difficult is it to land a "recreational specialist" position and is it an automatic promotion to a gl-9? Does this mean your OT is pretty much limited if one were to gain this position? Thanks.
              You can work overtime in housing as far as I know just like anyone else can. I worked with a teacher from the medium a while back working ot housing on m/w at the pen

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              • Originally posted by Rmodel1965 View Post
                You can work overtime in housing as far as I know just like anyone else can. I worked with a teacher from the medium a while back working ot housing on m/w at the pen
                Just for some information it depends on the lo ation on the frequency. While Non custody can and does work custody O/T (that's about the only routine OT they have excluding R&D for bus and airlift stuff) however it depends on the institutions local agreement on how they hire the OT. Atine they have to go down all the custody staff that sign up first. Then once that is exhausted they start on the non custody staff. Even is a custody guy has 2 months in they get called before a 25 year facilities guy.

                Other places might have it where they go by seniority only for all staff and not departments.

                The main reason they do it the custody first way here is non custody can't be mandated for a custody post so that is custody's reward if you will.

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                • Could someone explain the 20 year retirement protocol? I've researched it on OPM and got confused. I EOD in a few weeks. I'll also turn 27 in a few weeks. Does that mean I can work 20 years and retire at 47 or will I have to do 23 and retire at 50? Thanks for the help.

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                  • Originally posted by JohnnyUtah1989 View Post
                    Could someone explain the 20 year retirement protocol? I've researched it on OPM and got confused. I EOD in a few weeks. I'll also turn 27 in a few weeks. Does that mean I can work 20 years and retire at 47 or will I have to do 23 and retire at 50? Thanks for the help.
                    Yes, you will have to work until 50. If you work 23 years your pension will be for 37%

                    You can retire at any age with 25 years, or 50 with 20 years.

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                    • Originally posted by JohnnyUtah1989 View Post
                      Could someone explain the 20 year retirement protocol? I've researched it on OPM and got confused. I EOD in a few weeks. I'll also turn 27 in a few weeks. Does that mean I can work 20 years and retire at 47 or will I have to do 23 and retire at 50? Thanks for the help.

                      You earn 1.7% per year for the first 20 years of your high 3 year salery (it is suppose to be changing to high 5 years at some point for new hires)which means if you could retire at 20 years you would go out with 34%. For any years worked after 20 years you earn 1%. so like Fillup mentioned at 23 years add 3% to the 34 for 37%.

                      Now that is base pay, when you retire you also get a social security suppliment as well as you have your Thrift Savings Plan (TSP). Some roll their TSP over. Some keep it o the bank and others withdraw an annuity on anticipated life expectancy.

                      Your really better off coming in at or after age 30 then you only HAVE to do 20 and your elegible. anything befor you have to do more than 20. Everyone gets mandatory retired the month they turn 57 so you have to be hired by age 36 unless you can get a waiver for Military that they just recently started doing the last 3 years.

                      Good luck
                      Last edited by in625shooter; 02-12-2016, 10:53 AM.

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                      • Originally posted by in625shooter View Post
                        You earn 1.7% per year for the first 20 years of your high 3 year salery (it is suppose to be changing to high 5 years at some point for new hires)which means if you could retire at 20 years you would go out with 34%. For any years worked after 20 years you earn 1%. so like Fillup mentioned at 23 years add 3% to the 34 for 37%.

                        Now that is base pay, when you retire you also get a social security suppliment as well as you have your Thrift Savings Plan (TSP). Some roll their TSP over. Some keep it o the bank and others withdraw an annuity on anticipated life expectancy.

                        Your really better off coming in at or after age 30 then you only HAVE to do 20 and your elegible. anything befor you have to do more than 20. Everyone gets mandatory retired the month they turn 57 so you have to be hired by age 36 unless you can get a waiver for Military that they just recently started doing the last 3 years.

                        Good luck
                        Thank you. The TSP confused the hell out of me. Let's say you have a starting salary of $60k and you keep that exact same number for 25 years (this is unrealistic but it makes math easier). If you put 5% into your TSP and don't increase it, at the time you retire you'd have $150k in a fund ($6k x 25 years) or is it more complicated than that?

                        Also- is OT/Sunday pay/ shift differential included in the pension plan. Thanks for your patience.

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                        • Originally posted by JohnnyUtah1989 View Post
                          Thank you. The TSP confused the hell out of me. Let's say you have a starting salary of $60k and you keep that exact same number for 25 years (this is unrealistic but it makes math easier). If you put 5% into your TSP and don't increase it, at the time you retire you'd have $150k in a fund ($6k x 25 years) or is it more complicated than that?

                          Also- is OT/Sunday pay/ shift differential included in the pension plan. Thanks for your patience.
                          you would have more in your TSP. You are not factoring in that if you put 5% or more in the Government matches it up to 5%. So if you put 5% in the GOV will match it with 5% (free money) so you are putting in 5% but really with the GOV contribution you get 10%. HOWEVER there is more to it. You decide which funds to invest it in and you earn interest on it through that. There are several funds you can put it in or even divide it up between different funds.

                          There are several staff (line staff like Officers etc) that have in excess of $250,00 to over $350,000 in their TSP alone. It all depends on how much they invested, what returnes their funds got them etc.

                          Of course you will loose money and gain it back over the years due to it is based on the S&P 500 and the stock market. TSP is just a supplimental item to go with your % or your high 3 or 5 and the Social Security suppliment.

                          TSP can get complicated so I recommend starting out with at least 5% then the GOV is putting in their max 5% from the get go and then everytime you get a step or GS increase bump it up so you will in short order have the maximum going into it.

                          For regular GL/GS scale your O/T, shift differential and Sunday pay ARE NOT figured nto your retirment %. However if you are a WS scale like power house and CMS or Food Service they do include some of the shift differentials and primium pays into the retirment (but WS rate can get squirrly, they only get 7 1/2% shift diff but they get it for the whole 8,10 or 12 hours if they even work one hour during which they get premium pay etc)

                          Now that I probably confused you that was te short answer. Your HR department can break it down farther but they will not and can not give advice on which fund to invest your TSP so your on your own to learn it all yourself.
                          Last edited by in625shooter; 02-12-2016, 01:44 PM.

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                          • Johnny, you need to Google retirement funds endlessly. That 150k you mentioned, it would be the amount you and the BOP deposited, but not necessarily the amount with compounded interest (Google "rule of 72"). Also check this article out, to give you an idea of what you can save, http://federalnewsradio.com/federal-...tery-manwoman/

                            Like Shooter said, OT isn't added into any federal retirement, and there are even a lot of local PD's that aren't using it anymore. I speculate that the infamous PA Trooper retirement will even be abolished within the decade.

                            Another thing he mentioned was the SRS (special retirement supplement), that's something only early retirement federal employees get. So if you retired at 50, you would still get a check from the government that should be equal to the amount you would get from Social Security at actual retirement age.

                            The federal retirement system isn't necessarily the best, but there are a lot of pros, especially the LEO retirement.

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                            • Thanks for all of your help guys. I've learned an abundance of knowledge since I created my account on here. I'm happy to be joining the team shortly.

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                              • I went ahead and did 10% tsp I was at 5 so now with my 10 and the govt 5% I'm putting 15% away every check

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