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Feds would pay more toward pensions under proposal

from Government Executive

Many federal employees would pay more toward their pension benefits under a new House bill aimed at providing relief from sequestration and protecting Medicare and Social Security. Rep. Scott Rigell, R-Va., has introduced legislation that would restore 75 percent of the sequester spending cuts to defense and nondefense budgets with proposed savings and revenue elsewhere, including an increase in the amount of pay that federal employees hired before 2014 have to contribute to their pensions. more


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