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Old 09-25-2011, 08:01 AM   #11
Jorcelirl

Join Date
Oct 2005
Posts
469
Senior Member
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IHMO, the one thing that beats a 20-30 year military retirement is doing 10 years active duty; finishing out the rest in the reserves, and getting a federal civilian job. I just finished 11 years active duty in the Navy, I'm in the process of going into the Army National Guard right now; and I have a federal position right now. 11 years active, and got out - am I crazy? Nope - once I retire, I'll get a federal pension that's higher than a 20-year E7 retirement; my reserve retirement - because of my 11 years active duty - will be equal to about two-thirds of what a retired active duty person of the same paygrade would be getting, in addition to my TSP... which the civil service matches dollar-for-dollar if you contribute up to 3%, and then they match fifty cents on the dollar from there up to 5%. Once I retire from civil service, I'll be living on 100% - if not more - of what my final pay will be when I retire.
Only a couple problems with your utopian scenario. You assume that there is a Federal job for everyone that wants one. You think that "your" federal job is safe from the chopping block (you read much?). You don't see the writing on the wall about "modifying" your retirement.

You can now return to your regularly scheduled dream world.
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