Providant fund

Generally, as part of its worker compensation package, the federal government offers benefits such as medical coverage, holiday pay & survivor benefits and it also makes use of the Federal Employees Retirement Process to grant income from different sources. Always keep in mind, an important part of federal worker retirement calculations is the high-3 average wage. This represents the highest average basic pay for any consecutive years or the actual years of worker service, whichever is less.

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