Federal jobs have long been a beacon of stability, known for generous benefits, dependable paychecks, and one of the last remaining pensions in the workforce.
But lately, more and more of our Feds are asking the same thing: Is federal employment worth it in today’s climate?
We talk with thousands of Feds every year here at Serving Those Who Serve, and we’re hearing the uncertainty loud and clear. Morale is slipping. Policy changes are raising eyebrows. And for some, the promise of a secure retirement feels more uncertain than ever.
Let’s break it down.
The Shifting Federal Job Landscape
Working for the federal government isn’t what it used to be — and many of you have noticed. From the push for “at-will” employment rules to calls for agency overhauls, it’s no surprise that job security feels shakier than in years past.
According to the Office of Personnel Management's 2024 Federal Employee Viewpoint Survey (revised edition, April 2025), only 49% of federal employees believe that the survey results will be used to improve their agency as a workplace. Just 59% reported satisfaction with their pay, and 64% said they’re satisfied with their organization overall — data that highlights persistent morale concerns and trust issues in leadership across multiple agencies.
Many Feds are choosing to retire early. And we’re seeing more young professionals hesitate to enter federal service at all.
That erosion of trust changes everything — from how you view your career timeline to whether staying until your Federal Employees Retirement System (FERS) minimum retirement age remains a sensible choice. It also raises an important question: Will the long-term benefits outweigh the costs?
Learn more about your retirement benefits at our No-Cost webinars, featuring Ed Zurndorfer -
Weighing the Value of Staying
Despite the headlines, there’s still a lot on the table for those who stick it out. The FERS pension, Thrift Savings Plan (TSP) matching contributions, and Federal Employees Health Benefits (FEHB) program still offer a level of retirement security that’s hard to match in the private sector.
Most private employers no longer offer pensions. Very few provide retiree health coverage. And for most Americans, healthcare is the single largest expense in retirement.
While private sector salaries may come with bigger short-term paychecks, they rarely include the kind of long-term financial safety net federal benefits can offer. That’s something worth factoring in before jumping ship.
We encourage you to consider your own timeline, planned retirement age, and career goals when weighing whether to stay or move on. Everyone’s situation is different — and your federal benefits should be part of a bigger strategy tailored to you.
How to Protect Your Future — No Matter What
The key, no matter how you’re feeling about your job today, is proactive retirement planning. Even if you’re uncertain about staying, you can still build a solid foundation.
Make sure you’re:
- Contributing enough to your TSP to get the full agency match
- Understanding how your FERS pension is calculated and what your estimated payout looks like at different retirement ages
- Taking advantage of catch-up contributionsif you’re over 50
You don’t need to have all the answers yet — but having a clear strategy will give you options, flexibility, and peace of mind.
Make Your Benefits Work for You
Federal retirement planning doesn’t have to be overwhelming — but it does need to be intentional. For many, staying in federal service can still be the best route to long-term retirement security. For others, a strategic departure may make sense.
Either way, knowing your numbers and understanding your options is essential.
Reach out to the team at Serving Those Who Serve at [email protected] to talk through what makes the most sense for your future. We’re here to help you connect the dots — because it’s your retirement, and it should work for you.
The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Serving Those Who Serve writers and not necessarily those of RJFS or Raymond James. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Investing involves risk and you may incur a profit or loss regardless of strategy suggested. Every investor’s situation is unique and you should consider your investment goals, risk tolerance, and time horizon before making any investment or financial decision. Prior to making an investment decision, please consult with your financial advisor about your individual situation. While we are familiar with the tax provisions of the issues presented herein, as Financial Advisors of RJFS, we are not qualified to render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional. **
