Tag Archives: federal employees

Congressional Attack on Federal Employees’ Pensions

On Friday February 17, Congress passed a bill that altered the Federal Employees Retirement System (FERS) and changed the percentage that future federal employees have to contribute towards their pension plans.  Originally passed by Congress in 1986, FERS replaced the existing Civil Service Retirement System, and provided federal workers with a variety of benefits including […]

Federal Employees Make Too Much?

According to Pension & Benefits Daily, Federal employees on average get 2 percent more in wages than comparable private-sector employees, but 16 percent more in total compensation, the Congressional Budget Office said in a  report issued Jan. 30. The report, which compared wages and benefits for federal and private-sector employees between 2005 and 2010, found […]