House Oversight Committee saves $50 Billion with Federal Employee Retirement System reforms 

FAIRFAX, VA—Americans for Limited Government Executive Director Robert Romano Tuesday issued the following statement in support of the House Oversight Committee’s reforms to the federal employee retirement system that will result in $50 billion of savings for American taxpayers:

“The House Oversight Committee is acting responsibly to find savings for American taxpayers in the 2026 budget, with $50 billion of proposed cuts. Since 1987, federal employees have been able to opt for early retirement through the federal employee retirement system, allowing them to collect an additional annuity for up to five years before qualifying for Social Security at age 62. Additionally, there is no reason federal employees hired before 2014 should pay less into the retirement plan than the 4.4 percent that newer employees must pay. These are one-of-a-kind benefits that most Americans in the private sector do not get to enjoy. It’s time that all federal workers pay their fair share and tighten their belts just like the rest of us.”

To view online: https://getliberty.org/2025/04/house-oversight-committee-saves-50-billion-with-federal-employee-retirement-system-reforms/.