FERS pension contribution increase

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This would be an extra $270 a pay period for those at the GS15 cap.

Assuming that that person is currently paying the lowest amount.

Don’t shed tears for me. But dual Fed household that will be doubly hit by this. Both at the GS 15 cap. It’s still a big hit.

Techinically you are only paying back money to the govt the Govt gave to you. Not your money anyhow

Like how the salary you get from your employer doesn’t belong to you? Ok.

[Anonymous]

This is fair and only moving forward...

[Anonymous]

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This would be an extra $270 a pay period for those at the GS15 cap.

Assuming that that person is currently paying the lowest amount.

Don’t shed tears for me. But dual Fed household that will be doubly hit by this. Both at the GS 15 cap. It’s still a big hit.

Techinically you are only paying back money to the govt the Govt gave to you. Not your money anyhow

DP. How is that money not what the govt traded for her labor? It wasn’t a gift any more than you paycheck is

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme.

Ok but you knew that when you took the job. You had a chance to decline the position.
Those of us paying 0.8 were not told this when we took the job. We agreed to a certain salary and 0.8. A cut of $270 per paycheck is pretty big to me!
Are salaries going to increase now that the retirement benefit is less valuable? Of course not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme.

I’ve been a fed for 15 years and was trained/worked with the CSRS pension. They have been retiring and enjoying a pension I’ll never have.

It sucks, but that is life. Ruining their pension wouldn’t make mine better. My family losing 5k year doesn’t help your situation. No one wins when fed benefits continually get watered down.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme.

Ok but you knew that when you took the job. You had a chance to decline the position.
Those of us paying 0.8 were not told this when we took the job. We agreed to a certain salary and 0.8. A cut of $270 per paycheck is pretty big to me!
Are salaries going to increase now that the retirement benefit is less valuable? Of course not.

And you will have the choice to decline the position under the new rules, just like PP could have declined their offer.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

Well, you gain from the system becoming more economical stable and by (hopefully) discouraging cuts in ways that would directly negatively affect you—if you want to look at it purely from a self-interested perspective.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme.

I’ve been a fed for 15 years and was trained/worked with the CSRS pension. They have been retiring and enjoying a pension I’ll never have.

It sucks, but that is life. Ruining their pension wouldn’t make mine better. My family losing 5k year doesn’t help your situation. No one wins when fed benefits continually get watered down.

My "family" (I am single so I am a family of one, just as important--yes) loses because I make less than you at same grade/step due to unfair 0.8/4.4 percent scheme in place now. So yes the potential change would help me financially and help my morale so will help me mentally. So yep, tangible "helps".

Is your family more important than mine? Nope. What you get, I should get, as far as I can control.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme.

The solution would be to move new hires back to the lower percentage, not force others to pay more to make you feel better. You gain absolutely nothing except the knowledge that other people are suffering more. It’s disturbing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme.

I’ve been a fed for 15 years and was trained/worked with the CSRS pension. They have been retiring and enjoying a pension I’ll never have.

It sucks, but that is life. Ruining their pension wouldn’t make mine better. My family losing 5k year doesn’t help your situation. No one wins when fed benefits continually get watered down.

My "family" (I am single so I am a family of one, just as important--yes) loses because I make less than you at same grade/step due to unfair 0.8/4.4 percent scheme in place now. So yes the potential change would help me financially and help my morale so will help me mentally. So yep, tangible "helps".

Is your family more important than mine? Nope. What you get, I should get, as far as I can control.

It helps you mentally to know more people are suffering? Why?

[Anonymous]

Can someone who understands the budget process explain where this is, in the process?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme.

I’ve been a fed for 15 years and was trained/worked with the CSRS pension. They have been retiring and enjoying a pension I’ll never have.

It sucks, but that is life. Ruining their pension wouldn’t make mine better. My family losing 5k year doesn’t help your situation. No one wins when fed benefits continually get watered down.

My "family" (I am single so I am a family of one, just as important--yes) loses because I make less than you at same grade/step due to unfair 0.8/4.4 percent scheme in place now. So yes the potential change would help me financially and help my morale so will help me mentally. So yep, tangible "helps".

Is your family more important than mine? Nope. What you get, I should get, as far as I can control.

It helps you mentally to know more people are suffering? Why?

Other people can take the job you have now if you can't afford the cut in your take home pay. Those people may be suffering now due to unemployment and their suffering will be taken away when they have the job you used to have.

I will be suffering less because an injustice has been corrected.

So again, the point is your situation is not the arbiter of what we should all care about.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is fair and only moving forward...

I’m on FERS-FRAE and already pay 4.4. I don’t see how it’s “fair.” It doesn’t affect me at all. It won’t change my pay. What do I gain from other people being made worse off?

It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme.

I’ve been a fed for 15 years and was trained/worked with the CSRS pension. They have been retiring and enjoying a pension I’ll never have.

It sucks, but that is life. Ruining their pension wouldn’t make mine better. My family losing 5k year doesn’t help your situation. No one wins when fed benefits continually get watered down.

My "family" (I am single so I am a family of one, just as important--yes) loses because I make less than you at same grade/step due to unfair 0.8/4.4 percent scheme in place now. So yes the potential change would help me financially and help my morale so will help me mentally. So yep, tangible "helps".

Is your family more important than mine? Nope. What you get, I should get, as far as I can control.

It helps you mentally to know more people are suffering? Why?

It’s not just her it helps. It helps the idiots doing this vindictively to know that feds are turning on each other rather than faulting the ones making the cuts.