date:May 07, 2012
and a new mortgage assistance program aimed at helping people modify their home loans.
Federal Employee Pensions Cuts deficits by $83 billion over 10 years, requiring federal workers to contribute more toward their pensions in increments phased in over five years. Workers hired after 1983 would contribute an additional 5 percent for a total contribution of 5.8 percent. Workers in the pre-1983 system who are ineligible for Social Security would also pay an additional 5 percent for a total co