No changes to CSRS

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Q: I heard on a “Face the Nation” segment a couple of weeks ago that the Federal Employees Retirement System wasn’t as generous as the Civil Service Retirement System, and that a great deal of money would be saved if the government converted retirees. Is there anything in the works that would threaten the CSRS retirement package?

A: Absolutely nothing is in the works that would do that.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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