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ShareWare OnLine 2
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ShareWare OnLine Volume 2 (CMS Software)(1993).iso
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ENT-58
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1993-02-17
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ENT-58 REDUCE FEDERAL EMPLOYEE RETIREMENT BENEFITS
Annual Savings Cumulative
(Millions of dollars Five-Year
Savings from ----------------------------------------- Savings
CBO Baseline 1994 1995 1996 1997 1998
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Defer COLAs for Retirees Until Age 62
Military Retirement 300 680 1,100 1,500 1,950 5,550
Civilian Retirement 80 150 200 240 260 920
Limit Some COLAs Below Inflation
Military Retirement 190 450 730 1,050 1,350 3,750
Civilian Retirement 130 310 500 700 900 2,550
Modify the Salary Used to Set Pensions
Military Retirement 30 70 100 140 190 530
Civilian Retirement 20 50 100 150 210 520
Restrict Agency Match on Thrift Plan Contribution to 50 Percent
Civilian Retirement 370 440 500 570 640 2,500
Total: All Changes Combined
Military Retirement 420 950 1,500 2,100 2,750 7,750
Civilian Retirement 590 910 1,250 1,600 1,900 6,250
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