Monday, October 30, 2017

Feds saved from retirement cuts in 2018 budget resolution with House vote

Article Excerpt: "...The House had included those instructions in its version of the budget resolution that cleared the chamber earlier this month. The original House proposals were vague, but potential changes would likely include higher employee contributions to the federal defined benefit pension plan, an elimination of supplemental payments to employees who retire before age 62 and a move to a defined contribution pension plan for new federal employees..."



Resource: federalnewsradio.com



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