What next? The super committee – the special bipartisan congressional panel of 12 lawmakers – is supposed to make recommendations to accomplish major spending cuts. For the federal family, this could include an extended pay freeze, benefits changes and higher health premiums.
In the meantime, the U.S. Postal Service is looking to trim 38 percent of its workforce and is exploring the idea of getting out of the FEHBP health program. So what are the odds?
Federal Times senior writers Steve Losey and Sean Reilly look at the laundry list of hits feds and retirees may be asked to take and what it would mean to your time in government, your pay and your pension.