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 Post subject: Your Benefits
 Post Posted: Sat Jul 22, 2017 6:58 am 
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Joined: Aug 16, 2016
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Here's a rundown of the latest proposals:

1. Federal employees would have to pay more toward their retirement benefits

The most recent proposal, from the Trump administration, would apply only to employees under FERS and in most cases would require them to pay about 6 percent of salary more into the retirement fund, phased in as 1 percentage point increments each year. Those hired after 2012 already pay in at a higher rate and thus the increase for them would not be as steep.

2. Eliminating the FERS supplement

The White House budget also had proposed eliminating, for future retirees, the “special retirement supplement” that is paid to FERS retirees up to age 62 when Social Security kicks in.

3. High 5

The administration’s budget plan further proposed changing to a high-five salary base to calculate benefits of future retirees

4. COLA

for both current and future retirees, reducing the annual COLA for CSRS retirees while eliminating the COLA on the civil service portion of a FERS annuity

More: http://www.fedweek.com/fedweek/house-bu ... ributions/

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AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)

S&P 500 (C Fund)
S&P 500 INDEX,RTH (^GSPC)

DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)

EFA (I Fund)
iShares MSCI EAFE Index (EFA)