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Budget Deal Includes $12 Billion in Pension Changes for Federal Employees
The Wall Street Journal; subscription may be required Link to more items from this source
Dec. 10, 2013
"New civilian employees hired after Jan. 1 would have to pay more toward their federal pensions, under a two-year budget deal ... that also would trim benefits for some military retirees.... The proposed changes include an increase of 1.3 percentage points in retirement contributions for civilian employees hired starting in 2014. It also would decrease annual cost-of-living adjustments for military retirees still of working age."

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