WASHINGTON – A new video from the American Federation of Government Employees highlights the massive wage and benefit cuts that current, future, and retired federal workers would face under the House Republicans’ proposed budget.
The budget proposes a minimum of $32 billion in pay and retirement cuts to current, future, and retired federal workers – a down payment on President Trump’s proposal to cut $149 billion from employees’ pay and benefits over the next 10 years.
Under the House Budget Resolution, current workers would be forced to pay more of their income toward their retirement, while retirement benefits would be slashed for current and future retirees. The budget would eliminate defined benefit contributions, or pensions, for all newly hired federal employees. And it would eliminate supplemental payments to employees who retire before age 62, such as law enforcement agents and firefighters.
Federal employees already have incurred $182 billion in cuts to their pay and benefits since the start of the decade. The additional cuts would be used to help offset massive tax cuts to CEOs and the wealthiest one percent, AFGE National President J. David Cox Sr. said.
“Slashing the pay and benefits of America’s civil servants while lining the pockets of the wealthiest of the wealthy is a shameful way to govern the country and is emblematic of everything that’s wrong with this horrible budget,” Cox said. “One-third of all federal workers are veterans. This budget strips them and all federal workers of the retirement benefits they were promised in return for serving their country.”