For the upcoming year, we have all seen the proposed budget deal in the news and online, what do you think will be the most immediate effects on the training and impending withdrawal projected for Afghanistan?
Budget
Money
Training
Afghanistan
SPC Smith, don't blindly trust what other people tell you if you have time to do the research yourself. "Under both CSRS and FERS, Members of Congress are eligible for a pension at age 62 if they have completed at least five years of service. Members are eligible for a pension at age 50 if they have completed 20 years of service, or at any age after completing 25 years of service. The amount of the pension depends on years of service and the average of the highest three years of salary"
Congressional Research Service Report for Congress, 9 February 2007(http://www.senate.gov/reference/resources/pdf/RL30631.pdf)
Four retirement scenarios are possible for Members covered by CSRS or the CSRS Offset Plan. Retirement with an immediate, full pension is available to Members aged 60 or older with 10 years of service in Congress, or aged 62 with five years of civilian federal service, including service in Congress
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Retirement with an immediate, reduced pension is available to Members aged 55 to 59 with at least 30 years of service. It is also allowed if the Member separates for a reason other than resignation or expulsion after having completed 25 years of service, or after reaching the age of 50 and with 20 years of service, or after having served in nine Congresses.
Retirement with a deferred, full pension is available if the Member leaves Congress before reaching the minimum age required to receive an immediate, unreduced pension and delays receipt until reaching the age at which full benefits are paid.
A full pension can be taken at the age of 62 if the Member had five through nine years of federal service, or at the age of 60 if the Member had at least 10 years of service in Congress. At the time of separation, the Member must leave all contributions in the plan to be eligible for the deferred pension.
Retirement with a deferred, reduced pension is available to a Member at the age of 50 if he or she retired before that age and had at least 20 years of federal service, including at least 10 years as a Member of Congress.
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