Spending: What is the difference between calendar year and fiscal year?

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DISCLAIMER: The information contained in this website is intended to give you a general understanding of the various retirement systems. The answers in these FAQs should be considered background information because the laws governing pension benefits can change often and it is not possible to outline details of each retirement plan due to the large number of plans offered. The applicable laws prevail if the information contained in these FAQs is in conflict. Moreover, these FAQs do not establish any retirement rights, benefits or privileges which are not otherwise provided for by the governing statutes and rules and procedures of the applicable retirement system. For more detailed information about a specific plan or for information regarding a specific case, individuals must contact the relevant retirement system directly.