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20 years of service and now no pension (Original Post) brettdale Mar 2018 OP
I don't think its no pension, its less than a full pension. milestogo Mar 2018 #1
From what I understood NewJeffCT Mar 2018 #8
The future voters are seeing in full force Dawson Leery Mar 2018 #2
It's illegal to fire a Federal employee to deny them their pension VMA131Marine Mar 2018 #3
yeah but the "offical" reason is..... Takket Mar 2018 #4
this is supposed to be a reply to post #3 Takket Mar 2018 #5
I've read so many conflicting things here MichMary Mar 2018 #6
If u don't fight for him , who fights for you dembotoz Mar 2018 #7
It doesn't matter how much money he has, Raven Mar 2018 #10
Here is the issue BumRushDaShow Mar 2018 #9

NewJeffCT

(56,828 posts)
8. From what I understood
Sat Mar 17, 2018, 08:56 AM
Mar 2018

McCabe will most likely win any lawsuit related to his firing and pension, but McCabe will have to hire lawyers and it will be tied up in the courts for a while. This is like Trump screwing over the little guy contractors that worked on Trump properties.

VMA131Marine

(4,135 posts)
3. It's illegal to fire a Federal employee to deny them their pension
Fri Mar 16, 2018, 10:49 PM
Mar 2018

McCabe will successfully appeal this because Trump was stupid and tweeted about how McCabe was racing to retire with his benefits intact.

Takket

(21,528 posts)
4. yeah but the "offical" reason is.....
Fri Mar 16, 2018, 10:52 PM
Mar 2018

Blah blah blah something about Clinton foundation blah blah blah............ so THAT is the war he has to fight, to show that the reason they gave for firing him is bullshit. Now, the drumpf tweet certain would apply to that, but it will take more.

I think he can win this, but it is no slam dunk.

MichMary

(1,714 posts)
6. I've read so many conflicting things here
Sat Mar 17, 2018, 08:36 AM
Mar 2018

Some are saying that he will be able to draw his pension, but not til he's 60.

OTOH, I just went to his Wiki page, and learned that the school he attended, The Bolles School, sounds pretty exclusive. They want over $10,000 in tuition for pre-K. After graduation (current h. s. tuition at the Bolles School is over $26,000/year) he went to Duke.

He is probably a trust fund baby. I don't think we have to worry about Andrew McCabe being destitute.

Raven

(13,877 posts)
10. It doesn't matter how much money he has,
Sat Mar 17, 2018, 09:05 AM
Mar 2018

he earned that pension and you have no idea whether he went the Bolles School or Duke on a scholarship. His financial situation has no bearing on what Trump and his henchmen did and it should put fear in the hearts of every public employee.

BumRushDaShow

(128,487 posts)
9. Here is the issue
Sat Mar 17, 2018, 09:05 AM
Mar 2018

For federal employees, and in his case, he is under FERS, he co-contributes to the FERS base, co-contributes to Social Security, and co-contributes (with an up to 5% agency match) to the TSP (Thrift Savings Plan), which is similar to a 401(k). The FERS benefit offers the bridge from a minimum retirement age until eligible for SS benefits and the TSP provides the supplement to all of that.

What I expect is that they could take away the portion that the government provided for the FERS basic portion and TSP match, but can't take away the SS or any money contributed solely by the employee to the TSP.

Also what will probably happen is that he loses the ability to utilize the FEHB (Federal Employees Health Benefits) in retirement (with employee/government contributions continuing as would occur for an active emplyee), as well as FEGLI (Federal Employees Group Life Insurance) that can be carried over into retirement (funded by the employee but at government rates). Plus he would probably lose any future survivors benefits if he signed up for that.

FERS

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