Friday, February 23, 2018

What’s the Impact of the [PROPOSED] FERS Benefit Cuts? (FY 2019 Budget Proposals)

Article Title: What’s the Impact of the [PROPOSED] FERS Benefit Cuts?
Snippet of Article: "...FERS employees are feeling very uneasy with the proposed cuts to the Federal Employees Retirement System (FERS). Pay Freeze. High 3 To High 5 Average. Paying More For FERS Pension. Eliminating FERS COLA. Eliminating FERS Supplement (Impact on Retirement: Severe for employees who retire under age 62). Reducing the G Fund Interest Rate in TSP. Changes To Sick Leave/Annual Leave. What’s an employee to do?..."


Source: www.fedsmith.com

[tag] Federal Employee News, Federal Civil Service, Federal Employee Retirement System (FERS), special retirement supplement (SRS), Destruction of Civil Service Retirement (FERS), Attack on Military Veteran Federal Retirees, Raping of Federal Retirement, [/tag]