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Dec 9, 2020 · The NSSC provides general administrative, advisory, and transactional support for federal benefits programs to all NASA employees, calculates retirement estimates, and processes retirements packages. If you are a NASA employee, please visit the NASA Employee Portal for more information.
Sep 7, 2023 · This document provides National Aeronautics and Space Administration (NASA) employees with information about the Federal Employees Retirement System (FERS). You will find important information regarding the retirement process, documents needed, and impacts to your benefits.
This is a brief summary of your pay and benefits -- based upon your employment status -- beginning on your first day and continuing until you retire. A detailed description is contained in the later sections of the handbook. Your salary is based upon established government-wide standards and adjusted for longevity, cost of living, and locality ...
NASA Civil Servants are covered under the Federal Employee Retirement System (FERS) which includes a basic benefit plan (pension), social security, and a Thrift Savings Plan (comparable to a 401k). Be aware that NASA also has a large amount of contractors and their benefits are different.
- You'll need six figures per year to retire comfortably in Hawaii. Hawaii has the highest annual retirement expenses in the country, costing retirees an estimated $121,228 annually.
- Alabama. Total expenditures: $45,415. 20% comfort buffer: $11,354. Cost of a comfortable retirement annually: $56,769.
- Alaska. Total expenditures: $65,437. 20% comfort buffer: $16,359. Cost of a comfortable retirement annually: $81,796.
- Arizona. Total expenditures: $56,312. 20% comfort buffer: $14,078. Cost of a comfortable retirement annually: $70,390.
Q What do I have to do if I have decided to retire and the furlough has not ended? A Please remember that back pay has been authorized and you might not want to retire until the furlough has ended.
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Dec 16, 2021 · Currently, 45% of NASA Safety and Mission Assurance (SMA) employees are eligible to retire in the next five years. Federal agencies recognize the workforce is aging and that as experienced employees retire, they take critical knowledge and skills with them.
