The Congressional Budget Office has issued a report on a range of potential changes to the federal retirement system that could give legislators a starting point when considering significant changes for federal retirees in the 2018 budget and beyond.
Both Republicans and the president have proposed their own ideas on ways to cut federal retirement benefits to achieve new cost savings.
Both are looking for aggressive savings, with the president's 2018 budget request including four specific changes to the current federal retirement system to try to save more than $4.1 billion in 2018 and roughly $200 billion over the next 10 years.
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