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In 1952 variable annuities (VAs) were offered by the Teachers Insurance & Annuities Association in their College Retirement Equity Fund (TIAA-CREF) and then ... View Video
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FERS Annuity . The FERS annuity is based on (a) the length of an employee's Federal service eligible for FERS retirement (referred to as "creditable Federal service", which may not be the actual duration of Federal employment) and (b) the average annual rate of basic pay of the employee's ... Read Article
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