The Federal Employees Retirement System (FERS) is the current retirement system for employees within the U.S. federal civilian employees. FERS was enacted on June 6, 1986, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector.

Our purpose...

is to educate federal employees on the importance of understanding their current retirement benefits and all their retirement plan options. We pride ourselves in providing individual retirement services which can help you accomplish your retirement goals.

We provide no cost consultations for all Federal Employees. Through this consultation you will receive a better understanding of your entire benefits package and how each part will affect your retirement

Job 1: Efficiency

Our agency specializes in federal benefits and have been providing retirement planning since 1983. We are licensed in over 15 states and have certified federal financial planners available to serve your needs.

Meet the team

Erica Salda, Chairman & CEO - Ms. Salda is the founder of Federal Retirement Options. Prior to founding the company, she devoted her time to education. A graduate of Westmont College, with a degree in Economics, has been insuring and creating annuities for clients since 1983. She has helped over 20,000 clients to achieve their financial goals. While focusing her business on the needs of seniors, she has many multi-generational clients, sometimes working with as many as four generations of the same family.

Host of teen sports radio on KZSB am 1290 every Tuesday at 9am. This community built program features Santa Barbara Teen Athletes and the people and businesses that support the teen athlete. Listen!

Robert Burrows, Media - IT Burrows has been with Federal Retirement Options since 2013. 15 years as the Owner/Partneer of Group Professionals, An Internet Development Company. A former Realestate Contractor/Broker combined has over 30 years entrepreneurial experience.

Hazel Levesque, VP Human Resources - Lavesque was apponted to her position in 2013 and is former counsel for Demeter Pomegranate Farms.

Manny Herrera, ChFEBC
Principal Owner
First Choice Ins. & Investments

General Program Requirements

There are four categories of benefits in the Federal Employees Retirement System (FERS) Basic Benefit Plan:

  • Immediate
  • Early
  • Deferred
  • Disability

If you are an eligible Federal employee, we can help you meet your and your family's retirement needs. Federal employees, retirees and their dependents enjoy a broad selection of plans.

Three Tiered Retirement Plan

The Federal Employees Retirement System (FERS) provides Federal employees with retirement benefits. The retirement system is a three-tiered retirement plan:

  • Social Security Benefits
  • Basic Benefit Plan
  • Thrift Savings Plan Benefits.