Federal employees had the option to convert from CSRS to FERS when FERS was first created in 1987. Now all federal employees are automatically enrolled in FERS—there is no option to choose CSRS instead. Many federal employees who were hired after 1987 feel as though they were cheated out of a better retirement system, but Tommy, Michael and John would have to disagree. In this episode, they explain why FERS is actually just as good as CSRS, if not better, and several key components of FERS that you may not be aware of. Access the full show notes at Mason & Associates, LLC