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Tuesday, May 17, 2011
Budget plan proposed by Rep. Paul Ryan (R-Wis.) attacks Federal Employee Retirement
FERS, not CSRS, employees may be asked to contribute more for pensions
"...the Republican budget plan proposed by Rep. Paul Ryan, R-Wis. FERS employees already contribute 6.2 percent of their salaries to Social Security, which would mean FERS employees would pay 12 percent in all toward their pensions...."