Desire to Increase Retirement Contributions Still Around

By on February 21, 2013 in Pay & Benefits, Retirement with 98 Comments

House Majority Leader Eric Cantor (R-VA) issued a statement about sequestration today which reiterated a desire to see federal employees pay more towards their retirement to make the system better reflect what is done in the private sector.

“Rather than take border patrol agents off the job, the President should instead choose to reform the federal employee retirement system so it matches what people get in the private sector,” said part of Cantor’s statement.

Numerous proposals from both sides of the political aisle have been put forth in recent years to raise contribution levels federal workers have to pay towards their retirement plans. The following are just a few articles we’ve posted detailing some different proposals:

With a large and growing unfunded liability in the federal retirement system and increasing political pressure to reduce federal spending, federal workers can probably expect at least a few more similar proposals to make headlines in the near future.

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About the Author

Ian Smith is one of the co-founders of FedSmith.com. He enjoys writing about current topics that affect the federal workforce. Ian also has a background in web development and does the technical work for the FedSmith.com web site and its sibling sites.

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