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Federal Managers Association

In the News

  • Monday, March 18, 2019
  • ADMINISTRATION INDICATING THE ELIMINATION OF PENSIONS FOR SOME FEDS - March 18, 2109
  • Trump Administration Proposes Eliminating Pensions for Some New Feds
    By Erich Wagner, Government Executive

    A new line item in the Trump administration’s fiscal 2020 budget request this year would establish a new retirement program for some federal workers, Government Executive has confirmed. Under the new program, those workers would be enrolled in the Thrift Savings Plan, which operates similarly to a private sector 401(k) retirement plan, but would not be eligible for a federal pension.

    To read more, please click here.

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