Feds would pay more for pensions under House bill
from Government Executive
The House Budget Committee recently approved a measure on a party-line vote that would increase the amount government employees contribute to their pensions. The legislation, shepherded by Budget Committee Chairman Paul Ryan, R-Wis., incorporates measures approved by the House Oversight and Government Reform Committee in late April requiring current federal employees to pay 5 percent more toward their retirement over the next five years, beginning in 2013.
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