Budget plan calls for $194 billion in unidentified cuts to federal workforce - The Washington Post
Fair?The House and Senate Republican budget plan announced this week would continue hits on government workers, as expected, with cuts that could lighten their wallets by up to $194 billion.
In March, a House budget resolution proposed increasing the employee share of pension contributions by 6 percentage points of salary, with an offsetting reduction in what agencies pay. That and ending a “special retirement supplement” would save $127 billion over 10 years. Another proposal would require federal employees to pay a greater share of premiums for their employer-sponsored health insurance.
Consider that under defined pensions people are living much longer.
Not sure how fed pension are calculated. I am familiar with the canadian Military - that pension wss/is based upon best or last 6 years of income.
So info on how a fed pen is calculated is needed.