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Friday, October 6, 2017

House Budget is an attack on FERS employees more so than CSRS, cuts G Fund rate, ends SRS, raises employee contributions again

  House advances 2018 budget resolution with federal retirement cuts

"...elimination of supplemental payments (SRS) to employees who retire before age 62; A switch to a defined contribution pension plan for new federal employees; reduce the G fund’s rate of return ..."


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