Mission Statement
Federal
Employee Association
Savings Are Vital to Everyone's Retirement Educational Outreach
Program to Federal and Postal Employees
The Retirement Security
Of The Nation
Starts
With The Retirement Security
Of Federal And Postal Employees.
We the Federal Employee Association, Government
Employee Association do hereby endorse, support, join and commit to the efforts of the
SaverAct.
The Federal
Employee Association Savings Are Vital to Everyone's Retirement Educational Outreach to
Federal and Postal Employees is modeled from Public Law PL 105-93 (H.R.1377). The intent
of the legislation "is to advance the public's knowledge and understanding of
retirement savings and its critical importance to the future well-being of American
workers and their families". Whereas the public being employed by U.S. Government
they are entitles to the full benefit of the law in its intent to provide lawful
financial means to a successful retirement.
We will work to illustrate
Federal and Postal Employees year by year, benefits and costs of their CSRS, FERS, Social
Security, TSP and FEGLI which forms the foundation for their retirement planning and
saving. We will encourage Federal and Postal Employees to maximize their contribution into
TSP, starting early, letting their savings grow, and taking full advantage of the TSP
options.
We will
provide information on other potential sources of better economic security. These sources
include, Commodity Futures Trading Commission, Federal Trade
Commission (FTC), Social Security Administration, U.S. Office of Personal Management, U.S.
Department Of Health & Human Services, U.S. Department of Labor (DOL), U.S. Department
of Treasury (IRS), U.S. General Service Administration, U.S. Security and Exchange
Commission (SEC), Insurance Company, Medicare, long-term care benefits, individual
retirement accounts, personal assets, home equity, and other information.
We seek to present
legislation under which U.S. Governmental Officials can offer The Federal Employee
Association Savings Are Vital to Everyone's Retirement Educational Outreach to Federal and
Postal Employees at their Worksite, giving them time to participate in retirement planning
education. Our emphasis will be on the practical benefits to the Nation, the U.S.
Government and all Federal and Postal Employees.
Our
goal is to make the Federal Employee Association Savings Are Vital to Everyone's
Retirement Educational Outreach
Program at the Worksite a vital, permanent event in the lives of Federal and Postal
Employees.