Comment Re:It's Called "Blame Pay" (Score 2) 382
No, Federal Employees certaintly don't have a "Guaranteed Pension Rate",unless you consider $250 a month a solid pension with which to live on. Federal Employees have a 401K setup similar to the private sector (Thrift Savings Plan) - which comprises the bulk of thier retirement. Yes there is a pension, but it's typically under $1K per month, not to mention SS is factored in there - which most Feds will never see.