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Big retirement plan cuts: What are the odds?

from Federal News Radio

Are you worried about the pay-more-get-less design changes Congress and the White House are considering for your Federal Employees Retirement System and Civil Service Retirement System plans? Does the idea of 20 or 30 years in retirement without inflation protection give you nightmares? Could you stand a little good news? If so, consider that of the 5,000 to 7,000 bills introduced in Congress each year only about 5 percent make it through the process and become laws. more


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