Trump's decision to fire McCabe 48 hours before his 50th birthday could cost him an estimated $60,000 a year over the next 5 years ? here's how it works

Former FBI Deputy Director Andrew McCabe was fired on March 16 ? two days before his retirement. Now McCabe may not be able to receive his pension benefits for at least five years. A pension is a defined benefit retirement plan most commonly seen for US government employees, in which an employee contributes to the plan during their tenure and an employer guarantees a post-retirement payout.