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Obama's Budget Targets COLAs, Federal Retirement Benefits
GovExec.com
Apr. 8, 2013 "President Obama's 2014 budget proposal will include a less generous formula for calculating federal retirees' cost of living adjustments, and ask federal employees to make higher contributions to their retirement pensions, a senior Obama administration official has informed members of Congress.... Advocates for federal retirees warned against accepting arguments in favor of the chained CPI." MORE >> |
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