I am a federal employee who is already retired under CSRS. Are there any proposals for retirement changes that would impact those of us who have already left federal service?
Legislation has been introduced that would make sweeping reforms to Social Security. The author says it would make cuts to the program that would potentially harm older Americans.
The author says that the chained CPI which the president recently dropped from his budget proposal would actually have been a good thing because of its potential to help with reducing the national debt. He notes that the actual cost to federal retirees from the chained CPI would have been less than the cost of a pizza each month and illustrates its financial impact for federal pensioners.