Tuesday, November 27, 2012

Obama and several lawmakers support making feds pay more for defined retirement benefit

Title: Will Budget Deal Target Federal Pay and Benefits?

Article Snip: "...Simpson-Bowles recommended creating a task force to look at changing the pension system for feds and eligible retired service members. One possibility the commission suggests is increasing the amount feds contribute to their pensions. It’s worth noting that Obama and several lawmakers also support making feds pay more for their defined retirement benefit...."

Reference: www.govexec.com

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