Friday, November 30, 2012

Erosion of federal employee pay and benefits causing retirement exodus

Title: Federal retirements spike as baby boomers retire, economy stabilizes

Article Snip: "...William R. Dougan, president of the National Federation of Federal Employees, blamed what he called the "exodus" in part on "legislative attacks" by Congress that he said threaten to erode pay and benefits. Dougan, whose union represents 110,000 federal employees, said many experienced workers would rather leave now than risk reductions to a retirement package they have banked on, he said...."


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