Reconciliation Bill Passes

Reconciliation Bill Passes with Cuts to Federal Employee Retirement Benefits— Check Important Details!

Reconciliation Bill Passes with Cuts to Federal Employee Retirement Benefits— Check Important Details!

Anthony Lane

The U.S. House of Representatives has passed a reconciliation bill that introduces significant cuts to federal employee retirement benefits. These changes include eliminating the FERS annuity supplement and requiring new hires to choose between at-will employment or civil service protections. While some provisions were removed, the bill still poses challenges for federal workers. Stay informed to navigate these changes effectively.