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Folks under the old Civil Service Retirement System, like people who get Social Security benefits, are protected from inflation. But most people on the federal pay roll are under FERS.
The all-important pay and benefits package of federal and postal workers, and retirees, is under attack as never before. And while it is way too soon to panic, Senior Correspondent Mike Causey says you need to run down a checklist to see where things are. We\'ve got a team of experts standing by.