No ‘holiday’ for CSRS employees? NALC President Fredric V. Rolando has written members of the House of Representatives, urging that a proposed 2 percent “payroll tax holiday” be extended to letter carriers and other federal employees still covered under the Civil Service Retirement System.
The National Active and Retired Federal Employees Association is working with lawmakers to try to make sure Civil Service Retirement System employees don’t miss out on a payroll tax holiday.
Under the controversial tax cut plan the White House and congressional Republicans struck last week, the Making Work Pay tax credit would expire and be replaced by a 2 percent reduction in payroll taxes most workers pay into Social Security. But CSRS employees do not pay into, nor receive benefits from, Social Security, and would not benefit from such a reduction.
NALC Letter To Congress