Analysis: Proposed federal retirement cuts often boil down to ‘perception’

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Analysis: Proposed federal retirement cuts often boil down to ‘perception’

Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to discuss recent proposals on...

Federal News Network Staff

January 27, 2012 6:23 pm

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wfedstaff | June 4, 2015 4:54 pm

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Congress is attempting to perform surgery on federal pay and benefits plan — again.

A bill, introduced by Rep. Dennis Ross (R-Fla.), would cut the starting benefits of future retirees and future cost-of-living adjustments for all retirees and survivors.

Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to discuss what these changes would mean for federal employees.

Flanagan discussed what a switch from a high-three annuity calculation to a high-five would look like for the average fed.

The Biggest Loser – fed version