7. Health, dental and vision 6. Education - student loan forgiveness & additional education (masters) 5. Sick leave - never expires. Paternity leave 12 weeks paid 4. RIF - preference for jobs 3. Work/life balance, 11 paid holidays, 13-26 days a year depending on length of service 2. Matching TSP, 5% 1. Federal Pension (3 highest years x Years x 1%) Plus 3hrs per week to exercise, do yoga, find balance. Military leave, Court leave (jury duty), FMLA. New in 2022, 2 weeks bereavement for parents of a qualifying child. Many Departments offer Credit Unions for their employees.
AWS work schedules 4:38 I have a Monday AWS, which means I have every other Monday off. That, plus the 11days off, I have 37 days off a year that doesn’t come out of my leave. I love it so much.
@@yoloman9998 anAWS (Alternate Work Schedule) is a work schedule where you can work extra hours every day, in my case 9, but you get 1 day off a pay period and one, 8 hour pay to make the hours worked be 80. So that can look like: Week 1 M-Thur 9 hours, F 8 Week 2 M off T-F 9 hours The short day and the regular day off can be any day but sometimes depending on the agency/management you can only pick certain days for those.
Wow I didn't know that about sick leave. That's great! Also, good distinction about the contracts. Have you made a lifestyle video - military versus gov civilian lifestyle?
My dad spent decades as a federal employee and never took a sick day in that time. He used vacation days when he was sick. His idea was that if he ever had a really serious health issue that prevented him from working for months, he'd be able to use it.
Also worth noting that the Fed govt pays a very healthy portion of insurance premiums and covers spouses as well as dependents. Many private companies are moving to a model where they don't extend insurance benefits to spouses and/or are pulling way back on the percentage of premiums they will pay for the employee.
Richard, very true! Also, you can keep your insurance until you pass away at your same premium, which is huge! Health insurance is so expensive as we get older! Great to have Medicare and a secondary insurance
I love your content! Thanks! In future videos, can you explain the agency or subagency who ensures and regulates that the federal government is promising the benefits mentioned in this video? Retirement as an example. There is always the "what if" i dont receive my pension or the "what if" in general. Thanks in advance!
TSP is good, but imo it’s not really a notable benefit. People should definitely take advantage of it of course but most large American companies do 5%. I was even getting that when I worked at Starbucks. But all the other benefits, especially the pension and medical, seem very attractive.
@@Mav0585 Hard disagree on that one, federal jobs are already generally better than the private sector and have a good pension. That’s why they’re so competitive. The taxpayers don’t need to be burdened anymore, Feds already have a good life.
No. It’s added to your length of service at retirement. It can be used to extend your length of service, but it can’t be used to move your retirement eligibility earlier.
It's still possible. On average you could wait 1 - 3 weeks after a referral to be contacted for an interview but I would not waste any time or energy waiting for it. I would recommend continuing to apply every day if possible.
I thought you couldn't use your sick leave to retire early. EX: You still need to work for 30 years to reach that mark, but if you have a year of sick leave then the calculation will give you credit for 31 years worked. When talking about schooling you forgot to mention that another benefit of being a federal employee is that you can get your school loans forgiven after 10 years of payments. Maybe it wasn't mentioned because it's not limited to federal employees.
Bluen, are you an 1102? If you’re a gs 12 you might be around 100k, that’s working 40 hours a week. When you go into the private sector, you’ll probably work like 50+ hours a week. Also, as you move up in pay the more likely they want to get rid of you. I don’t know about you, but I don’t want to be in my 40’s/ 50’s worried about my job.
I have a state government job and I have to pay like $70 for dental, vision, and medical. My private job, prior to this one, had free dental insurance. But for state government, I get everything besides a 401k match. I have access to a 401K and a 457B though. I turned my 401k into a Roth 401K and I decided to open a 457B. So for me, it would be health insurance, sick leave, job security (even through government shutdowns- because it is a state government job and because I am in a unique job position, through an amendment, I have more job security than CMS because it is self funded), and an annuity pension (meaning that it is a set percentage tied to whatever the amount I accumulate, but I have to stay for 5 years starting this last July 1st). I do not think you mentioned these for federal, but I think it has it too...comp time and annual leave. So if I had to rank benefits in state: health insurance, sick leave, annual leave/comp time, job security, and pension.
@@armandcuret1 so many say you can’t, like if found out you work for the federal goverment then they recoup all payouts from tricare. When did it change that you can keep tricare while working a federal government job?
I did find this tho. I’m so confused. So many say you can’t. www.opm.gov/frequently-asked-questions/insure-faq/health/im-eligible-to-enroll-in-tricares-uniformed-services-family-health-plan-can-i-suspend-my-fehb-coverage-to-use-this-program/
You don't have to accept FEHB. If you're retried military, you can keep and stay on Tricare (Prime or Select). Even if you are medically retired from the military you can stay in tricare and not enroll in FEHB. There is no forcing mechanism that prohibts this.
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7. Health, dental and vision
6. Education - student loan forgiveness & additional education (masters)
5. Sick leave - never expires. Paternity leave 12 weeks paid
4. RIF - preference for jobs
3. Work/life balance, 11 paid holidays, 13-26 days a year depending on length of service
2. Matching TSP, 5%
1. Federal Pension (3 highest years x Years x 1%)
Plus 3hrs per week to exercise, do yoga, find balance. Military leave, Court leave (jury duty), FMLA. New in 2022, 2 weeks bereavement for parents of a qualifying child. Many Departments offer Credit Unions for their employees.
Thanks!
Excellent news to know!! 👍🏾 I’m going to keep applying until they see my name in their dreams!😆 Thank you 🙏🏾
Thanks for watching!
AWS work schedules 4:38 I have a Monday AWS, which means I have every other Monday off. That, plus the 11days off, I have 37 days off a year that doesn’t come out of my leave. I love it so much.
what is AWS????
@@yoloman9998 anAWS (Alternate Work Schedule) is a work schedule where you can work extra hours every day, in my case 9, but you get 1 day off a pay period and one, 8 hour pay to make the hours worked be 80. So that can look like:
Week 1 M-Thur 9 hours, F 8
Week 2 M off T-F 9 hours
The short day and the regular day off can be any day but sometimes depending on the agency/management you can only pick certain days for those.
@@yoloman9998alternative work schedule
Alternate work schedule
Wow I didn't know that about sick leave. That's great!
Also, good distinction about the contracts.
Have you made a lifestyle video - military versus gov civilian lifestyle?
I haven't but that's a good idea.
I just filmed a private sector vs government job video. It's scheduled for some time next month.
Military, you get a better pension with cost of living increases.
My dad spent decades as a federal employee and never took a sick day in that time. He used vacation days when he was sick. His idea was that if he ever had a really serious health issue that prevented him from working for months, he'd be able to use it.
Also worth noting that the Fed govt pays a very healthy portion of insurance premiums and covers spouses as well as dependents. Many private companies are moving to a model where they don't extend insurance benefits to spouses and/or are pulling way back on the percentage of premiums they will pay for the employee.
Richard, very true! Also, you can keep your insurance until you pass away at your same premium, which is huge! Health insurance is so expensive as we get older! Great to have Medicare and a secondary insurance
Boom mic drop! Best benefits on earth.
What age can you start drawing govt pension? Does it take effect immediately upon getting out (say at age 50)?
How do I recover if I lose my clearance with 5 years to retirement
I would work for you. You would be a cool boss to work for
Thanks, I appreciate it.
Can you do a video on NAF Employees
I can try to get it done. I think currently, only about 5 - 6% of federal employees are NAF.
I love your content! Thanks!
In future videos, can you explain the agency or subagency who ensures and regulates that the federal government is promising the benefits mentioned in this video? Retirement as an example. There is always the "what if" i dont receive my pension or the "what if" in general. Thanks in advance!
Can you give me more details on the time they give you for appointments when you have more than 30% disability?
Thank you
That federal pension formula you gave, is that for monthly retirement pay or yearly?
Yearly
TSP is good, but imo it’s not really a notable benefit. People should definitely take advantage of it of course but most large American companies do 5%. I was even getting that when I worked at Starbucks. But all the other benefits, especially the pension and medical, seem very attractive.
Should be 10% IMO - make it better than the private sector
@@Mav0585 Hard disagree on that one, federal jobs are already generally better than the private sector and have a good pension. That’s why they’re so competitive. The taxpayers don’t need to be burdened anymore, Feds already have a good life.
😂😂
I didn't think you could keep tricare while working for the federal government
If you retire you can elect to keep it
Do we have to be real sick in order to absorb sick leave at the time of retire?
No. It’s added to your length of service at retirement. It can be used to extend your length of service, but it can’t be used to move your retirement eligibility earlier.
I was referred for an internship position two weeks. Do you think they will still contact me for an interview?
It's still possible. On average you could wait 1 - 3 weeks after a referral to be contacted for an interview but I would not waste any time or energy waiting for it.
I would recommend continuing to apply every day if possible.
@@armandcuret1ok. I have been applying to other positions as well. Thank you.
I thought you couldn't use your sick leave to retire early. EX: You still need to work for 30 years to reach that mark, but if you have a year of sick leave then the calculation will give you credit for 31 years worked.
When talking about schooling you forgot to mention that another benefit of being a federal employee is that you can get your school loans forgiven after 10 years of payments. Maybe it wasn't mentioned because it's not limited to federal employees.
True. Sick leave counts toward your years of service but it can't be used to reach years of service. Important distinction.
10 years forgiveness is statute of limitations. Anyone can do it provided they know that law.
If you got a job as federal level. Can you include your parents and silbling in your insurance?
This is possible in the military but usually not as a federal government civilian employee.
You can your spouse.
You can with spouse and children under I think 25
Im a gs12 but just got a contracting offer for 150k. Not sure if it’s really worth it
Higher pay but unknown job security.
Bluen, are you an 1102? If you’re a gs 12 you might be around 100k, that’s working 40 hours a week. When you go into the private sector, you’ll probably work like 50+ hours a week. Also, as you move up in pay the more likely they want to get rid of you. I don’t know about you, but I don’t want to be in my 40’s/ 50’s worried about my job.
Plus there is no pension and when you retire you don’t get health insurance covered or partially covered
Do you work for DoD?
Your job security is your security clearance (if you have one). If you lose the contract, you can easily hop on another with a high level clearance
I have a state government job and I have to pay like $70 for dental, vision, and medical. My private job, prior to this one, had free dental insurance.
But for state government, I get everything besides a 401k match. I have access to a 401K and a 457B though. I turned my 401k into a Roth 401K and I decided to open a 457B.
So for me, it would be health insurance, sick leave, job security (even through government shutdowns- because it is a state government job and because I am in a unique job position, through an amendment, I have more job security than CMS because it is self funded), and an annuity pension (meaning that it is a set percentage tied to whatever the amount I accumulate, but I have to stay for 5 years starting this last July 1st).
I do not think you mentioned these for federal, but I think it has it too...comp time and annual leave.
So if I had to rank benefits in state: health insurance, sick leave, annual leave/comp time, job security, and pension.
I thought you couldn’t use tri care if working for a federal government job?
You can.
@@armandcuret1 so many say you can’t, like if found out you work for the federal goverment then they recoup all payouts from tricare. When did it change that you can keep tricare while working a federal government job?
I did find this tho. I’m so confused. So many say you can’t. www.opm.gov/frequently-asked-questions/insure-faq/health/im-eligible-to-enroll-in-tricares-uniformed-services-family-health-plan-can-i-suspend-my-fehb-coverage-to-use-this-program/
You don't have to accept FEHB. If you're retried military, you can keep and stay on Tricare (Prime or Select). Even if you are medically retired from the military you can stay in tricare and not enroll in FEHB. There is no forcing mechanism that prohibts this.
@@armandcuret1 what about reserve?
please bring elon musk to knees....
I didn't think you could keep tricare while working for the federal government
You can if you are retired or medically retired from the military. It's a lot cheaper.