Federal Employee News

Thursday, May 3, 2012

pending legislation to increase employee contributions toward annuity benefits

Article Title: Thrift Savings Plan: Groups ask about retirement benefits changes

Snippet of Article: "...Several members of the council raised concerns about pending legislation to increase required employee contributions toward annuity benefits in the Federal Employees Retirement System and the Civil Service Retirement System. Last week, a House committee approved a bill to raise those contributions by 5 percent of salary..."

Source: www.washingtonpost.com Federal Employees Retirement System, Civil Service Retirement System,