Federal/State Jobs evaranna chesthunnara? Help pls

[Sanjiv]

With long term jobs even with less pay, you can settle down and buy a house.

with short term jobs, higher pay and gaps between gigs, you end up earning more or less the same but also relocate a lot with expenses and no stability.

if you are a hardcore and highly experienced who is paid top-dollar (like twice as much as FT), always go for contracts and don’t undersell yourself. I’m a contractor who gets a FT offer from every client within a couple of months of joining them but I decline it politely as the pay cut is like 45% less than my contracting rate and in addition, I would lose the benefits of owing an S-corp, writing off various expenses, 25% SEP-IRA (100% Employer contribution from my company which is free money), I pay myself 60% of contracting rate as salary and the rest is profit, etc. and I won’t be able to write off any of these expenses as a W2 individual. Also while working as W2, the IRS will ask me to shutdown my company due to no income as it’s a hobby. Now with WFH, there is no point in considering FT.

working in DC, you can stay in VA (Chantilly, Centerville, Herndon, Reston), MD, etc. but you’ll end up driving a lot.

[tennisluvrredux]

3 minutes ago, Gorantlamdhav said:

Age: 55
High-3: $60,000
Service: 30 years
.015 x 5 x $60,000 = $ 4,500
.0175 x 5 x $60,000 = $ 5,250
.02 x 20 x $60,000 = $24,000
Result: $33,750 (56.25% of high-3)

this fits above person. Chusko lekka veskoni. If he joined at 25 and worked until 55 and max pay was 60k

https://www.fedweek.com/ask/federal-retirement/calculating-federal-annuity/

So you are saying every one that works for the Fed Govt has a salary ceiling of $60k? What you mentioned only applies when that's the case. 

You are taking the case of some one random person and extrapolating it to everyone that works or worked for the Federal Govt. Plus in the example I mentioned earlier, I clearly stated the person's military service experience as well, there are plenty of Fed Govt employees who are ex military who put in 20 years of service and get pension from that service as well. 

[Gorantlamdhav]

4 minutes ago, tennisluvrredux said:

So you are saying every one that works for the Fed Govt has a salary ceiling of $60k? What you mentioned only applies when that's the case. 

You are taking the case of some one random person and extrapolating it to everyone that works or worked for the Federal Govt. Plus in the example I mentioned earlier, I clearly stated the person's military service experience as well, there are plenty of Fed Govt employees who are ex military who put in 20 years of service and get pension from that service as well. 

Nenu calculator vesina 

salary 120k ayitey pension about 55k in above example. Aa link lo all details vunnay.

my point is not to fault you. Just full details for others to calculate the exact numbers, like someone said 4-8k monthly is not easy ani antunna

mana desi batch ( OP ki ) 3k kuda chala difficult is what I mean

[Hitman]

1 hour ago, Gorantlamdhav said:

Nenu calculator vesina 

salary 120k ayitey pension about 55k in above example. Aa link lo all details vunnay.

my point is not to fault you. Just full details for others to calculate the exact numbers, like someone said 4-8k monthly is not easy ani antunna

mana desi batch ( OP ki ) 3k kuda chala difficult is what I mean

120k is present salary. It would be 160k by the time of retirement 

[Gorantlamdhav]

3 minutes ago, Hitman said:

120k is present salary. It would be 160k by the time of retirement 

Sarey 200k veskuntey nuvvu 30 years work chestey it will be about 100k pension. 
 

age 35 ki join ayyi 65 ki retire ayyi 200k salary vochi 85 yrs batukutey

total pension about 2mil vostadi 

Happy na

[quickgun_murugun]

7 hours ago, tennisluvrredux said:

Well said mayya, nuvvu inka CIA lo le continuing aah

Aa. Adey bro ! 

[quickgun_murugun]

7 hours ago, tennisluvrredux said:

Not true vaa, I know someone that did 20 years military service. Military nundi pension ostundi around 8k per month including VA disability which amounts to 3k/month, adi kakunda he worked in a Federal govt job for 20 years and retired adi oka 7k varaku ostundi pension per month. 

this person is still in early 50s so not that old either, ippudu making 15k/month with mortgage paid off. Tours the world with his wife(kids are in college) and has even recently bought a camper van costing upwards of 100k, wife and husband mottam US antha tour esthu untaru. 

Early to mid 20s lo correct Federal Govt job pattinollu happy ga retire ayyi relaxed life jeevistharu

True. Maa ex colleagues chala mandi retired musalolli chance dorkithey Europe trip lu casino lu SC lu tirugutharu… military veterans kuda 

easy ga month ki 12-15k osthay … rendu moodu rental properties nundi inkoka 10k osthay ! Jill Jill jiga chestunnaru… 

they did about  20 years of Federal Government Service and medically retired from Military ! 
 

Respect ki  respect,. Paisal ki paisal ! 
anything can’t beat that 

[quickgun_murugun]

5 hours ago, Gorantlamdhav said:

Sarey 200k veskuntey nuvvu 30 years work chestey it will be about 100k pension. 
 

age 35 ki join ayyi 65 ki retire ayyi 200k salary vochi 85 yrs batukutey

total pension about 2mil vostadi 

Happy na

Antha salary ochey private job lo anni years cheyyatamey sahasam antey bathakatam inka @veera@level3001 😂

sagam tension la kay musalodu aypothadu

Aa paisal inkevado enjoy chestadu… 

[tennisluvrredux]

13 minutes ago, quickgun_murugun said:

True. Maa ex colleagues chala mandi retired musalolli chance dorkithey Europe trip lu casino lu SC lu tirugutharu… military veterans kuda 

easy ga month ki 12-15k osthay … rendu moodu rental properties nundi inkoka 10k osthay ! Jill Jill jiga chestunnaru… 

they did about  20 years of Federal Government Service and medically retired from Military ! 
 

Respect ki  respect,. Paisal ki paisal ! 
anything can’t beat that 

Yeah baa nuvvu 20 years cheseyalsindi kallu moosukuni anavasaramga ochesavu

VA disability emanna ostonda neeku 

[quickgun_murugun]

4 hours ago, tennisluvrredux said:

Yeah baa nuvvu 20 years cheseyalsindi kallu moosukuni anavasaramga ochesavu

VA disability emanna ostonda neeku 

Early ga join ayuntey kodtundey bro 20z but federal lo easy ga 30 plus cheyyochu… I did 4 years active duty . VA disability osthundi !

 

[tennisluvrredux]

11 hours ago, quickgun_murugun said:

Early ga join ayuntey kodtundey bro 20z but federal lo easy ga 30 plus cheyyochu… I did 4 years active duty . VA disability osthundi !

 

Good VA disability undi gaa edo kontha life long income ade side income la untaadi, good going

[JaiBalayyaaa]

@quickgun_murugun @tennisluvrredux how easy/difficult is it to jump from GS pay scale to SES pay scale. The posting says it needs several years of GS15 experience, but have GS14 experience. Is it worth applying? 

[JANASENA]

On 11/1/2022 at 12:05 PM, tennisluvrredux said:

I work for a Federal govt department, but be aware of one thing. Pay isn't bad esp in Federal jobs and the benefits are nice too if you work long enough but unless you are willing to put in atleast 10 years you won't really benefit much from whatever retirement packages they have. 

However, forget doing 2-3-4 jobs like 90% of people here do, there will be strict clauses in your employment letter stipulating you to prevent doing this. Em kaadu le ani games adithey bokka lo estharu esp Federal jobs lo ayithe maatram, plus don't expect to take your laptop and work from India for 6-7 months etc

Baa, nenu prime vendor ki FTE, but contract Fed, so nenu chesukovacha? 2 jaaabs ?

[tennisluvrredux]

2 minutes ago, JANASENA said:

Baa, nenu prime vendor ki FTE, but contract Fed, so nenu chesukovacha? 2 jaaabs ?

Yeah you can

[JANASENA]

5 minutes ago, tennisluvrredux said:

Yeah you can