Monday, December 4, 2017

Trump’s Budget Takes a Big Bite Out of Federal Retirement Benefits

Article Title: Trump’s Budget Takes a Big Bite Out of Federal Retirement Benefits
Snippet of Article: "...As part of his austerity drive, President Trump is seeking to eliminate cost-of-living adjustments for retirees in the Federal Employee Retirement System (FERS), the premier government retirement program. He would also cut the cost-of-living adjustment rate by 0.5 percent for those covered by the parallel Civil Service Retirement System..."


Source: yahoo.com

[tag] Federal Employee News, Federal Civil Service, [/tag]