[hardworking]

All I know is that a CPA friend of mine was shaking his head re the income taxes he does for retired Fed gov't employees and one couple in particular filed on their gov't pensions and the total income reported was 98% of what they had reported prior to their retirement. Their other investments (tax free bonds) weren't included. No, he did not disclose confidential information, he just gave generalities as an example of his amazement at the retirement benefits he saw first hand. I do know that my friends who retired enjoyed no less than six full weeks of vacation, at full pay, for many, many years during their Fed gov't 'careers'.

[Muleteam1]

Unlike many State and municipal retirement systems, Federal employees even under the old, and more generous, Civil Service Retirement System (CSRS) cannot make much more than 50% of their high three years of salary. Either your CPA friend is telling you a story or the retired couple likes paying taxes by grossly over-reporting their income.

Muleteam1