Federal Managers Association

In the News

• House GOP Report Recommends Raising Contributions, Other Retirement Changes - July 3, 2024

• FEDweek

  A report from Republicans on the House Budget Committee has recommended increasing the contributions that federal employees must make toward their annuity benefits, among other recommended changes to federal retirement.

  The report comes months after the committee on a party-line vote passed a budget “resolution” that sets spending targets for the fiscal year that starts in October and lists options for achieving them. In the congressional budget process, a resolution is to serve as a blueprint for later work on appropriations bills and therefore serves more as a statement of preferred policies rather than a firm step toward carrying them out.

  To read the full article, click here.

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