Tuesday, May 8, 2018

Trump regime wants to end cost-of-living increases for federal retirees

The Far Right's bottomless war on workers continues.

Officials in the Trump thugocracy are urging Congress to slash retirement benefits for federal workers.

Among the changes would be eliminating the cost-of-living increase for both future and current retirees. This comes as Donald Trump is demanding a pay freeze for current workers - despite inflation.

Supporters of the changes say it would "bring federal benefits more in line with the private sector." Are we talking about the same Big Business sector that's fueled America's chronic recession? Instead of this, how about if we bring benefits for private sector workers in line with those in the public sector? The Far Right boasts that their plan reflects the move in the private sector from pensions to programs like a 401(k) that lets rich investors gamble with workers' hard-earned money.

This evil proposal has already been blasted by the American Federation of Government Employees.

(Source: https://www.govexec.com/pay-benefits/2018/05/opm-proposes-legislation-cut-benefits-current-and-former-feds/148022)

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