Saturday, December 10, 2011

Screw the Federal Employees

You really got to love the new house bill that wants to extend the Payroll Tax Cut for 2012. 

Check out one of the key points in the bill which will screw Federal Employees even more.

The FERS pension formula multiplier for basic retirees would change to 0.7% points, instead of 1% (or 1.1% with 20 or more years of service).


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