“The pension component of VA’s retirement system is a very attractive piece of the total retirement package,” said Darren Sherrard, associate director for recruitment marketing at VA’s Veterans Health Administration.
/do0bihdskp9dy.cloudfront.net/08-05-2022/t_242e902fb2b846a0a8863353a4540a46_name_file_1280x720_2000_v3_1_.jpg "another word for previous plans")
This retirement plan includes three components: Social Security benefits, a Thrift Savings Plan (TSP) and - most importantly - FERS basic benefits, or a pension, which distinguishes it from most private-sector plans. We provide a comprehensive retirement package known as the Federal Employees Retirement System, or FERS.
Regardless of your age, it’s never too early to start preparing for it.Ī career at VA helps you save for retirement because, as the largest employer in the nation, the federal government is able to offer exceptional retirement benefits. If you’re in the workforce, you probably plan to retire someday.
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