Rep. Lynch: Hearing On Reducing Retirement Benefits is Really Attack On Federal Workers

Posted on by postal

Rep. Dennis Ross, R-Fla., on Wednesday introduced a bill that would increase how much federal employees pay toward their retirement and steeply reduce pensions for new employees.

HR 3813, the Securing Annuities for Federal Employees Act, would raise contributions for current Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) employees by 0.5 percentage points per year for three years, beginning in 2013. This would make FERS employees contribute 2.3 percent of each paycheck toward their pensions, and require an 8.5 percent contribution from CSRS employees.

The bill would eliminate the so-called FERS annuity supplement for new retirees beginning in 2013, except for employees facing mandatory retirement such as air traffic controllers. Today, FERS employees who retire before reaching age 62 receive a supplement equal to the Social Security benefit they will be eligible for once they reach age 62.

full story from Federal Times – Panel chair introduces bill to reduce pensions.

Video of hearing (video starts at :25)
Retirement Readiness: Strengthening the Federal Pension System

Part 2

10 thoughts on “Rep. Lynch: Hearing On Reducing Retirement Benefits is Really Attack On Federal Workers”

  1. What is this?, The Postal Unions telling Congress not to help the US Post Office,

    it is the Unions dictating to Congress, yet Congress listens not to those they serve.

    The Bill S- 1789 in the United States Senate, was to help to salvage what is left of the US Post Office, and offer Early Retirements to workers, so as to avoid a Reduction in Force and layoffs, the NALC, APWU, and the Mail handlers Unions have basically doomed any legislation to keep the Postal Office solvent,the bottom line is Union dues for the Bigwigs in these Unions.

    Call Your Senators:

    202-224-3121

    (Capitol Switchboard)

    Tell them you Support

    S. 1789 as it is currently written.

  2. Why don’t the freaking republicans get a life and cut theor own pensions and salaries! Oh I forget, they really don’t need no pension or retirememt, they’re already filty rich!! All things like Ross and other republicans can think about is either doing away with federal workers jobs, increasing their retirementt pay portion, or taking away their retirement! Why don’t they listen to Rep. Lynch and Susan Collins ideas, the one thay care about working americans and when they retire!!

  4. VOTE OUT OF OFFICE ALL THE REPUBLICAN/TEA PARTY THAT ARE STEALING YOUR PAY, BENEFITS, AND RETIREMENT!! CONTACT YOUR CONGRESSPERSON, BOTH SENATORS, AND THE WHITE HOUSE REGARDING THIS ATTACK ON ALL FERS FEDERAL EMPLOYEES!! ACT NOW!! YOU ARE ABOUT TO LOSE YOUR RETIREMENT IF YOU DO NOT ACT!! THOSE OF YOU THAT VOTED FOR THESE COWARDLY,CRIMINAL REPUBLICAN/TEA PARTY LIARS, YOU ARE CUTTING YOUR OWN THROAT!! WAKE UP!! ACT NOW!!……BEFORE IT IS TOO LATE!!

  5. How the hell did Ross get elected? This guy wants all of us to live in poverty, less retirement money? How about a millionaire like him taking a hit on his retirement money? Or maybe his health benefits? It’s a wonder to me that outside of the 1% why any working person would vote republican. Are people dumb or just mean spirited?

  6. Unhappy with APWU? Unhappy with the contract? Unhappy with the level of representation you’re getting? Unhappy with loss of 40 hour jobs?

    OCCUPY APWU at the 2012 Convention in Los Angeles (August 20-24) at the Westin Bonaventure Hotel (404 S Figueroa St, Los Angeles, CA)

    OTHERWISE:

    Shut up and keeping paying dem dues! And, by the way…stay in line all you lemmings!

  7. The BAGGERS see all Federal workers as a “PROBLEM” that needs to be addressed with massive reductions in number of workers, elimination of benefits and lowered wages…forget the fact that Postal Workers and their benefits DO NOT IMPACT THE FEDERAL BUDGET because the USPS is SELF FUNDED….it is the Tea Bagger ideology that ALL GOVERNMENT IS BAD AND NEEDS TO BE ELIMINATED to save taxpayer money.

    What a joke these IGNORANT PEOPLE ARE….no matter what or how many times you tell them about USPS SELF FUNDING, they keep coming back with the same CRAP.

  8. why dont the retard politicians cut their own damn benefits? why is it always the workers fault, too stupid to look at where all the waste comes from! start from the top dipsh*t, the pyramid is upside down!

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