Federal employees since 2010 have given up $182 billion in earnings. You heard that right – $182 billion.
Randy Erwin, President of the National Federation of Federal Employees union, says for some members of Congress that federal worker financial sacrifice isn’t enough. Erwin says the GOP Congress continues to “push for cuts to federal employee retirement to provide tax relief for the wealthy.”
Erwin says that’s a “revolting attack on the financial security of America’s public servants will only hurt the country as a whole, and it will add to the financial instability of the middle class.”
That’s one reason Erwin’s union is supporting The Federal Employee Pension Fairness Act of 2017. This proposed legislation in the House would protect the retirement security of our nation’s public servants, security they will need because they earn 35 percent less than their private sector counterparts.
By Doug Cunningham