"...New federal hires will have to pay 2.3 percent more toward their government pensions under a deal Congress approved Friday to extend the payroll tax holiday.
Federal employees hired after Dec. 31, 2012, and those with less than five years of federal service must contribute an additional 2.3 percent for a total of 3.1 percent to their defined benefit plan to help pay for a yearlong extension of unemployment benefits. The measure also applies to new congressional employees and newly elected members of Congress. Under the plan, current employees -- most of whom contribute 0.8 percent now to their defined benefits under the Federal Employees Retirement System -- would not see their contribution rate rise..."
Read more at govexec.com
