How a small change could have a big negative impact on federal retirement

How a small change could have a big impact on federal retirement

Article Excerpt: "...the Chained index would result in a six percent income decrease over 30 years for COLA recipients..."

Resource: www.federaltimes.com

These retirement cut proposals threaten millions of federal workers

Article Excerpt: "...the fact that some workers would pay an additional 6.45% of their salaries would lead to effective pay cuts of thousands of dollars each year...Elimination of supplemental annuities..."

Resource: www.usatoday.com

Best date to retire? How about never?

Article Excerpt: "...With Congress and the White House proposing major changes in the federal retirement program, many retirement-eligible workers are considering retiring soon (like this month or next) in order to beat the changes. The problem is that nobody knows the effective dates of the proposals and which of them, if any, might be approved in what’s left of the legislative year..."

Resource: federalnewsradio.com

Ted Cruz wants to cut Social Security benefits, raise the Social Security retirement age and privatize

Ted Cruz Is About To Announce For President. Here’s What You Need To Know About Him

Article Excerpt: "... he also proposed a three-part plan to raise the Social Security retirement age, cut future benefits, and privatize much of the program. A similar privatization proposal ..."

Resource: thinkprogress.org

Destruction of America's working class, Ted Cruz,