Federal Employees’ Retirement System

E278401

The Federal Employees’ Retirement System is the U.S. federal government’s primary retirement program for civilian employees, combining a pension, Social Security, and a defined-contribution savings plan.

All labels observed (3)

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf federal retirement system
pension system
administeredBy U.S. Office of Personnel Management
allows deferred retirement
early retirement under certain conditions
voluntary retirement
appliesTo U.S. federal civilian employees
basicAnnuityBasedOn high-3 average salary
years of creditable service
benefitCoordination offset with Social Security in some cases
benefitType lifetime annuity
component FERS basic annuity
Social Security
Thrift Savings Plan
country United States
covers full-time federal civilian employees
most federal employees hired after 1983
part-time federal civilian employees
coversCategory most executive branch employees
postal employees
some legislative and judicial branch employees
excludes most employees covered by Civil Service Retirement System
fundingSource employee contributions
employer contributions
investment earnings
goal provide retirement income from three sources
hasContributionPlan Thrift Savings Plan
hasEligibilityCriterion minimum retirement age
minimum years of creditable service
hasPlanType defined benefit pension
defined contribution plan
includesSavingsPlan Thrift Savings Plan
includesSocialInsurance Old-Age, Survivors, and Disability Insurance
linked to: Social Security
integratedWith Social Security benefits
isPrimaryRetirementProgramFor most U.S. federal civilian employees
legalFramework federal statute
provides disability benefits
retirement income
survivor benefits
replaced Civil Service Retirement System
requiresCoverageUnder Social Security
sector public sector
shortName FERS
TSPIncludes agency automatic contributions
agency matching contributions
employee contributions

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Federal Employees’ Compensation Act relatedTo Federal Employees’ Retirement System
Federal Employees’ Retirement System shortName FERS
linked to: Federal Employees’ Retirement System
Civil Service Retirement System replacedBy Federal Employees Retirement System
linked to: Federal Employees’ Retirement System
Civil Service Retirement System coexistsWith Federal Employees Retirement System
linked to: Federal Employees’ Retirement System
Civil Service Retirement System relatedProgram Federal Employees Retirement System
linked to: Federal Employees’ Retirement System