Feb 11, 2012

Bill could allow unused leave to be invested in retirement

"...Federal employees could invest in their retirement savings program the value of their unused annual leave when they separate from employment, under a bill that could receive a House floor vote next week.

The language is part of a highway funding bill that also contains provisions the House previously passed to increase the required employee contributions toward their annuity benefits and to create a new, less generous retirement program for those hired starting in 2013, among other changes..."

Read more at The Washington Post
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