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OBGibby
06-09-2012, 05:50 PM
A colleague mentioned the other day that Senior Executive Service members receive a 100% pension when they retire. I'm dubious, but can't seem to find any definitive answers online. I figured SES fell under the same retirement provisions as everyone else. If anyone knows, please enlighten me...

Warrenlm
06-09-2012, 07:46 PM
Nope. SES (http://blogs.federaltimes.com/federal-retirement/tag/ses/)

There are a number of different plans though with different retirement eligibility provisions. I seem to recall the CIA folks, GS-like and SES-like (SIS) had more liberal terms on age and maybe more. But I think they all have a maximum of 80% at 41/11. Now when you consider the Presidential Awards and other bonuses in the final years, you could start to consider those huge amounts like mortgage points, just prepaid retirement, getting that 80% higher. :)

Kaufmanrider
06-09-2012, 08:11 PM
A colleague mentioned the other day that Senior Executive Service members receive a 100% pension when they retire. I'm dubious, but can't seem to find any definitive answers online. I figured SES fell under the same retirement provisions as everyone else. If anyone knows, please enlighten me...

I thought it was the same (FERS/CSRS, and LEO/FF/ATF) as ours. They are allowed to keep a lot more annual leave to cash in, like 480 hours I think. And they get a paid move when they retire to where ever they want.

OBGibby
06-10-2012, 08:59 AM
They can accumulate up to 90 days of annual leave. The paid move back home is: "A career SES appointee is entitled to moving expenses upon retirement if the
individual was moved geographically and was eligible for or within 5 years of optional retirement, or was eligible for discontinued service retirement, at the
time of the last Federal Government directed move."

I figured their pension was the same as the rest of us. Sounded too good to be true. Plus, my colleague's track record of inaccuracy had me doubting it from the get-go.