Author - John Sanders

Proposed 2021 Budget Would Eliminate Some Benefits

Recently, the White House released its fiscal year 2021 budget proposal. The proposed $4.8 trillion budget makes some significant cuts to federal employees’ benefits and retirement programs.
For many the proposals sound familiar. This is because they have been seen in many past budget proposals. Up to now, none of these have been approved; they are just proposals put forth to start the budget negotiation process, each year, in Washington.
Some of the suggested reductions include;
Eliminate FERS COLA, Reduce CSRS COLA […]

Read more...