"...President Obama today reiterated his call for federal employees to contribute more to their pensions.
The White House's proposed budget for fiscal 2013 calls for increasing employees' retirement contributions by 0.4 percentage points per year for three years, or 1.2 percent, the National Federation of Federal Employees said. This would increase Federal Employees Retirement System employees' contributions from 0.8 percent to 2 percent, and Civil Service Retirement System contributions from 7.0 percent to 8.2 percent..."
Read more at federaltimes.com
