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Reply to "FERS pension contribution increase "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is fair and only moving forward...[/quote] 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?[/quote] It is "fair" because we newer highers should not have been placed in unique strata in the first place to such an extreme. [/quote] 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. [/quote]
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