Apr 11, 2013

Federal Retiree Benefits on the Chopping Block


"...President Obama is expected to propose $35 billion in federal retirement program savings in the fiscal 2014 budget plan he will release this week.
In a briefing with White House reporters, a senior administration official indicated that the budget savings would come through increased charges to federal employees for their retirement benefits...
the White House indicated that the budget will incorporate savings outlined in the administration’s previously released plan to reduce the deficit.
That plan calls for saving $35 billion through “reform [of] federal retirement programs.”"
Read more at standard.net
Related Posts Plugin for WordPress, Blogger...