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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (1522110)	2/12/2025 2:23:26 PM
From: Wharf Rat	Read Replies (1) of 1580155

I happened to look at the bennies yesterday. Looks pretty much like what I was getting at my last hospital. FERS Information (opm.gov) FERS is a retirement plan that provides benefits from three different sources: aBasic Benefit Plan, Social Security and the Thrift Savings Plan (TSP). Two of the three parts of FERS (Social Security and the TSP) can go with you to your next job if you leave the Federal Government before retirement. The Basic Benefit and Social Security parts of FERS require you to pay your share each pay period. Your agency withholds the cost of the Basic Benefit and Social Security from your pay as payroll deductions. Your agency pays its part too. Then, after you retire, you receive annuity payments each month for the rest of your life. The TSP part of FERS is an account that your agency automatically sets up for you. Each pay period your agency deposits into your account amount equal to 1% of the basic pay you earn for the pay period. You can also make your own contributions to your TSP account and your agency will also make a matching contribution. These contributions are tax-deferred. The Thrift Savings Plan is administered by the Federal Retirement Thrift Investment Board. -- RETIREMENT PLAN Adventist Health Retirement Plan Adventist Health Retirement Plan is a tax sheltered annuity that employees may enroll in to make contributions through payroll deduction. You can participate in the plan as soon as you begin employment. The hospital pays a basic 3% contribution and a match of up to 2%. Employees must work 1,000 hours per calendar year in a benefited position to qualify for the hospital contribution. Other Plans There are other independent tax sheltered annuities. No contribution or match from the hospital and no vesting requirement. The following representatives are available on-site: st-helena-hospital-clear-lake-employee-benefits-info-sheet.pdf (adventisthealth.org)

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