fers
Speech parts
1. fers - Noun
2. fers - Adjective
3. Fers - Proper noun
Meaning
Fierce.
Source: Webster's dictionaryAnagrams
Examples
Has he accounted for the fact that his FERS retirement benefit will not receive a cost of living adjustment until he turns 62? As a result, he may need to withdraw more from his TSP than he currently needs.
CSRS provided retirement, disability and survivor benefits for most civilian employees in the US Federal government, until the creation of a new Federal agency, the Federal Employees Retirement System (FERS), in 1987.
In 2006, the average annual pension for retired senators and representatives under the Civil Service Retirement System (CSRS) was $60,972, while those who retired under FERS, or in combination with CSRS, was $35,952.
Members of Congress under FERS contribute 1.3% of their salary into the FERS retirement plan and pay 6.2% of their salary in Social Security taxes.
Ryan will continue to receive the FERS supplement until he reaches age 56 and six months.