"...As anticipated, the 2018 House Budget is in the same mold as the White House budget – it punishes workers and the working-class, while giving big payouts to the rich. The resolution instructs the House Oversight and Government Reform Committee (which has jurisdiction over the Postal Service and postal/federal employee annuity benefits) to cut $32 billion in the programs and agencies they oversee during ten years. Like the White House proposal, the House budget recommends big pay cuts to postal workers through increased Federal Employee Retirement System pension contributions and eliminating the special retirement supplement (which helps federal retirees who retire before they are eligible for Social Security benefits). These two proposals alone will take thousands of dollars out of the pockets of postal workers and retirees. Even more egregious, the House plan calls for replacing guaranteed pension benefits..."
This Article is From: www.apwu.org
