Changes Coming to Federal Retirement Calculations?

"...Will the amount a federal employee must contribute to a future pension go up in the near future? Will the computation for calculating the amount of the pension contribution change from a “high three” to a “high five”?

No one knows with any certainty what will emerge from Congress on these issues. But, with the massive federal deficit that is still increasing by hundreds of billions per year, the bruising budget battles looming in Congress in the near future, and the wide divide between Republicans that generally want to reduce the deficit and decrease government spending and Democrats that generally want to increase spending and continue deficit spending, anything is possible..."

Read more at FedSmith.com