Are changes coming to your retirement package?




Your Turn with Mike Causey show

Summary: This week the White House revived old proposals to make feds pay more for, and get less from, their retirement package. The Trump administration submitted a proposal to Congress that, if approved, would: eliminate the gap payment, require current FERS employees to contribute an additional one percent a year and eliminate the cost of living adjustments (COLAs) for current and future FERS retirees. National Active and Retired Federal Employees President Richard Thissen and Federal News Radio reporter Nicole Ogrysko discuss on Your Turn with Mike Causey. They'll explain the proposed changes, their cost to you and the odds of any, or all of them, becoming law this year — and what, if anything, you can do about it. The show airs at 10 a.m. EDT at www.federalnewsradio.com or 1500 AM in the metro Washington area.