There are talks by lawmakers to place a heavier burden on FERS government employees, requiring them to pay more into their pension plans. AFGE members voice their concerns over these proposals.
Dear Senator,
I’m a federal employee, having worked for the U.S. Department of Housing and Urban Development as an attorney for more than 24 years.
I am satisfied with my pay, though I note that in good years, first year associates in large law firms are paid as much as I am. One of the trade-offs is supposed to be a pension–1% per year of service. It’s not a lot, but it is respectful of my service.
Raising my contribution to 7% of pay is disrespectful, especially when coupled with an extended pay freeze.
I am willing to pay more in taxes. I am willing to have tax deductions reduced or eliminated. I am willing to be treated the same as all other Americans.
But it is not fair to tax federal employees disproportionately. Increasing our retirement contributions to 7% is a disproportionate tax increase.
Thank you for your consideration.
Carolyn Federoff
AFGE Local 3258 Vice President
U.S. Department of Housing and Urban Development