Didn’t know that. So Congress no longer gets a defined pension?
Certainly doesn’t seem to have been copied at a lot of municpalities, and probably some states, and apparently the post office.
I didn’t say anything about Congress. I said that the ordinary Federal employee (except those who were “grandfathered in” but I would suppose that they are very few in number—or non-existent by now—nowadays) does not get a defined benefit pension and hasn’t for some three decades. The average Freeper has not picked up on that fact.
The Congress critters take care of themselves. Always have, always will.
And yes, municipalities and states, from what I read, still have them, especially for unionized employees. There’s the fiscal problem, right there.