No, Andrew McCabe Isn't 'Losing His Pension'
https://www.forbes.com/sites/ebauer/2018/03/17/no-andrew-mccabe-isnt-losing-his-pension/#7dee9807236d...Pensions -- public as well as private -- are required to meet certain vesting requirements, and, in fact, the FERS (Federal Employees Retirement System) benefits vest at five years, meaning that benefit accruals cannot be taken away.
In fact, McCabe is all of 49 years old, likely 50 by the time readers see this, and what he lost out on was, as CNN much more calmly recounts, the ability to take his benefits at age 50, rather than somewhere between age 57 and age 62, and he lost his eligibility to a special top-up in benefit formula. These are, admittedly, tangible financial losses, but it is grossly misleading that various news outlets are giving the general public the impression that he has lost his pension entirely....
