From Name:
From Email:
To Name:
To Email:

Optional Message:


House panel approves higher pension contributions for feds

from Federal Times

The House Oversight and Government Reform Committee approved a budget plan that would raise federal employees' retirement contributions by five percentage points over five years. The increase would effectively mean a 5 percent pay cut for federal employees. Federal Employees Retirement System employees' contributions would increase from 0.8 to 5.8 percent by 2017, and Civil Service Retirement System employees' contributions would increase from 7 to 12 percent over the same period. more


Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063