Administration’s proposed 2021 budget identifies $92B+ in savings by 2030, including retirement benefit cuts for federal workers. Changes may prompt employees to defer retirement, explains Prof. Olivia S. Mitchell of Wharton to InvestmentNews.
Administration’s proposed 2021 budget identifies $92B+ in savings by 2030, including retirement benefit cuts for federal workers. Changes may prompt employees to defer retirement, explains Prof. Olivia S. Mitchell of Wharton to InvestmentNews.