Federal workers would pay more toward retirement with Trump budget - News Summed Up

Federal workers would pay more toward retirement with Trump budget


(Andrew Harrer/Bloomberg News)Federal employees would pay more toward their retirement benefits from salaries that generally would be frozen, under the Trump administration’s budget proposal released Monday. The budget also calls for “modifying” the government contribution toward Federal Employees Health Benefits Program premiums in a way that would save $1.9 billion over 10 years. “Thankfully for federal employees and the American people, this budget is dead on arrival in the House of Representatives,” Rep. Gerald E. Connolly (D-Va.) said. “Instead of recycling these tired and radical attacks on federal workers, the president should move expeditiously to implement the 1.9 percent pay increase Congress sent to his desk almost a month ago.”That pay increase was in the February budget deal funding many federal agencies through Sept. 30. Sen. Mark R. Warner (D-Va.) said the new budget proposal “takes direct aim at the federal workers who bore its brunt by pushing for yet more cuts: retirement cuts.


Source: Washington Post March 11, 2019 21:44 UTC



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