Requiring federal employees to pay more toward their retirement benefits likely would hurt retention, but effect on recruitment less certain, study says.
Both sides of the Capitol on Wednesday took up budget measures with provisions of direct importance to federal employee pocketbooks.
The bill would reduce the federal workforce through attrition and employees would pay more toward their retirement benefits.
While sequestration threatens widespread furloughs of federal employees, enactment of an alternative could amount to a case of pick your poison.
House Majority Leader Eric Cantor (R-Va.) on Thursday again called for replacing sequestration with changes including revisions to the federal employee retirement program.
The new Simpson-Bowles deficit reduction initiative could revive several proposals of the original plan that would have a significant impact on federal employee benefits.
The Spending Reduction Act of 2012 would require federal employees to contribute more toward their retirement plans, but the Senate is unlikely to approve the measure.