you are correct with that, my mistake and yes, most people I have come across have done better with CSRS than they would have with FERS.just a quick correction. FEHB is is health insurance. FERS(Federal Employee Retirement System) is the retirement plan that replaced CSRS and is a 3 part system....pension, TSP(401K) AND SS. Because of the matching TSP funding, depending on how your friends invested their TSP it could be better for them than CSRS. CSRS was a sweet deal though because it was guaranteed.