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Oct 6, 2017

House Budget is an attack on FERS employees more so than CSRS, cuts G Fund rate, ends SRS, raises employee contributions again


House advances 2018 budget resolution with federal retirement cuts


'...Those reforms would include: Higher employee contributions to the federal defined benefit pension plan; An elimination of supplemental payments to employees who retire before age 62; A switch to a defined contribution pension plan for new federal employees; reduce the G fund’s rate of return in the Thrift Savings Plan...'


Reference: federalnewsradio.com
Tags: destruction of the middle class, Attack on Veterans, The destruction of FERS benefits, CSRS vs FERS,

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