"...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
Feb 11, 2012
Feb 9, 2012
GOP proposing changes to federal worker pensions
"... Federal employees would pay more toward their pensions and new employees would receive less generous retirement benefits under a House Republican plan to pay for highway programs.
The proposal, posted online Wednesday by the House Rules Committee, is intended to help make up a shortfall between federal gasoline tax revenues and the $260 billion that Republicans want to spend on highway construction and transit programs over the next four and a half years..."
Read more at foxnews.com
The proposal, posted online Wednesday by the House Rules Committee, is intended to help make up a shortfall between federal gasoline tax revenues and the $260 billion that Republicans want to spend on highway construction and transit programs over the next four and a half years..."
Read more at foxnews.com
Subscribe to:
Posts (Atom)
