So much for the much-vaunted federal retirement system.
If the Trump administration has its way, the Federal Employees Retirement System will be like the incredible shrinking man—getting smaller and smaller as people get deeper and deeper into retirement, with no way to make up the loss.
So says a report on Federal News Radio, which points out that the proposed elimination of the cost-of-living adjustment for current and future retirees will “save the government lots of money. And it would quickly eat into future benefits for all FERS retirees. Big time.”
Recommended For You
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
