Changes to Civil Service Retirement Fund Indexing: A Response to Budget and Inflation Concerns, 1979-01-01 - 1979-12-31

Item

Identifier: CAC_CC_109_4_22_23_0046

Staff Only

Changes to Civil Service Retirement Fund Indexing: A Response to Budget and Inflation Concerns, 1979-01-01 - 1979-12-31

The text discusses a proposal to change the indexing of Civil Service retirement benefits from twice a year to once a year, in line with other pension programs. The President made this proposal in response to public demand to stop inflation and cut government spending. The majority of constituents are demanding a balanced budget in fiscal year 1981, and the author promises to be fair in distributing the burden. The text also includes feedback on the proposed form letter regarding the indexing of Civil Service retirement programs.

Dates

1979-01-01 - 1979-12-31

Language of Materials

English

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