Economic Program | Memo
Frequently Asked Questions about Federal Retirement Reform
As widely reported, reforming federal pensions has become a leading idea for deficit reduction. Third Way released a federal pension reform proposal in September 2010 that has become the blueprint for congressional and administration discussions.It was included in the President’s Bipartisan Fiscal Commission proposal in December2010 and in the House budget resolution passed on April 15, 2011. The bipartisan working group led by Vice President Joe Biden is considering pension reform as part of an agreement to reduce the federal deficit.
We have received many questions from the Hill, think tanks, and the press about our proposal and federal pension reform in general. The purpose of this memo is to provide answers to the most frequently asked questions.