Republicans offer a big slap in the face to future and present federal retirees, FERS to take biggest hit

Title: Trump’s budget calls for hits on federal employee retirement programs

Article Snip: "...Increase Federal Employee Retirement System (FERS) contributions from workers by 1 percentage point each year until they equal the government’s contribution. This would take five to six years and would result in increased out-of-pocket payments of about 6 percent over that period...Eliminate supplement payments for FERS employees who retire beginning in 2018. The supplement approximates the value of Social Security benefits for those who retire before age 62..."

Reference: www.washingtonpost.com