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Bill would end pensions for new feds
Federal Times: Newly hired federal employees would not be eligible for traditional pensions under a bill reintroduced last week by Sen. Richard Burr, R-N.C., and two colleagues.
The measure, which would also apply to new members of Congress, would end the defined benefit portion of the Federal Employees Retirement System (FERS) for employees who come on board starting six months after it is signed into law, according to a news release from Burr’s office.
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