A recent Congressional Budget Office analysis of the White
House’s 2019 budget blueprint found that the proposal to increase federal
employees’ share of contributions to their retirement would result in
significant savings.
The portion of the budget
proposal CBO was referring to would raise the employee share of contributions
to the Federal Employees Retirement System (FERS) to 50% of cost, but phase it
in over several years to mitigate the impact.
For certain categories of
federal employees, such as law enforcement and firefighting, employee
contributions would increase, but the government would continue to pay a higher
share of the normal cost.
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