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Federal Employees’ Retirement System and the Thrift Savings Plan: Creating a Combined Approach to Retirement Security

Aug 1, 2012

Retirement Planning letter in brown envelope opening, business

A new issue brief provides a historical overview of the Federal Employees’ Retirement System and the Thrift Savings Plan and how they create a combined approach to achieving retirement security.

Federal Employees’ Retirement System and the Thrift Savings Plan: Creating a Combined Approach to Retirement Security, NIRS’ issue brief, finds that:

  • The retirement policy discourse in 1986 was much different than those occuring today.
  • Knowledge of the experience of FERS and TSP can inform today’s discussion on reform.
  • Mandating all newly hired state and local employees participate in Social Security has sharply different budget consequences for state and local government than it did for the federal government.

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