federal pensions
National retirement benefits
Federal pensions are retirement benefits paid by the national government to former federal employees, military personnel, and their survivors.
These defined-benefit plans provide regular payments based on years of service and salary history: She's living comfortably on her federal pension.
The term often appears in debates about government spending and public sector compensation.
- retirement securityAssured income after career
- vesting periodTime until ownership transfers
- years of serviceDuration of employment
- retirement ageStandard work-ending milestone
- early retirementExiting career before standard age
survivor benefits · Social Security · spousal benefits · trust fund · annuity · investment portfolio · social safety net · golden years · civil service · government employee · aging population · retirement planning · retirement income · cost of living adjustment · economic stability · income inequality · demographic trends
- federal employmentgovernment workers, civil servants, government employment, civil service exam, merit system
- pension termsannuity, annuities, benefits, survivor benefit, lump sum
- government pensionsretirement pay, survivor benefits, defined benefit, annuities, COLA
- Social Programswelfare office, unemployment benefits, disability benefits, TANF, family allowances
federal, pensions, federation, federate, federated, federalism, federalist, confederate, confederation