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OPM pushes cuts to federal retirement benefits

May 8, 2018

Via: FCW
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The Office of Personnel Management is moving ahead with a series of changes to employee benefits that it estimates will save more than $143 billion over 10 years.

In a letter to House Speaker Paul Ryan (R-Wis.), OPM Director Jeff Pon lays out four legislative proposals for changing federal employees’ retirement calculations, which align with the changes proposed in the White House’s fiscal year 2018 budget, “for the consideration of the Congress.”

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