Federal Times: OPM Director Jeff Pon justified four proposals his office recently sent to Congress that would cut or increase employee contributions to retirement benefits, saying at a May 16, 2018, House Oversight and Government Reform Committee hearing that he wanted to create a more flexible retirement system in line with the private sector.
“These proposals are to make sure that we’re making decisions around how we can operate the government in the 21st century. I do believe that we need to take a look at other proposals, not just pensions, but defined contributions plans so that they become much more portable for people to leave government and come back,” said Pon.
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