JDMeister
Forum Moderator
- May 1, 2021
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Not, overly happy with these changes. While not directly impacted (other than High 3 going to High 5) it is a slippery slope, and continued chipping away of benefits.Thank God.....proposed cuts and changes to OPM FERS are looking better today then last week. We got some time back.
Unless you plan on working past JAN 2028 - then your effed some key benefits.
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Update to Proposed Federal Retirement Benefits Cuts
The changes affect several provisions in legislation approved by the House Budget Committee, including an increase in FERS employee pension contributions, elimination of the FERS annuity supplement, and changing the method of calculating federal retirement annuities for new retireeswww.myfederalretirement.com