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The best benefit is you can't be terminated without reason. It takes real, documented issues to terminate someone. Very good job security.
On GS and GG plans you get both cost of living adjustments (depends on wh or Congress) and you get regular raises with step increases.
The leave is excellent. 4-8hr/2 weeks. And 4 hours sick, no cap. They also can't deny leave without a reason and rescheduling.
Health insurance plans are pretty good. HDHP, CO pay, deductible, multiple agencies.
Pension is a big one. Being able to retire and have a pension, social security, and 5% matching savings plan (traditional and Roth) is pretty much unheard of.
You also probably have union representation depending on your agency.
Biggest downside is pay. If you're technical or very competitive you'll not make as much. There's a cap on civilian pay due to a stupid law saying you can't earn more than the vice president, so every rank is staggered below that. They really need to consolidate ranks below gs5. Those are poverty wages.
Pension is part of it, but having access to fed gov health insurance after you retire is bigger. My brother retired a FedGov critter and my IRA and 401k from years of corporate work will exceed his pension... But not his insurance.
Also jealous of his stability and the "retire at 45, start a new life" angle
Oof, that is a very good point. The retirement benefits are huuuuge. That said, I have very little trust that these benefits will not be whittled away to nothing by the time I qualify for them.
If they're still there by the time i hit retirement age (65 ish now, might be higher later), awesome, but I'm not going to make plans based on that assumption.
Yeah, I always forget about carrying the insurance over. My parents have quote a few complaints about Medicare.
How did he retire at 45? Did his agency approve VERA after 25 years?