House and Senate negotiators have reached a deal on the budget. Not so good for military, including retiree's under 62. Still have to have a vote on the deal.
Among those policies: $20 billion in reduced contributions to federal pensions, split evenly between new civilian workers and military retirees. For those in the military, the reduction would take the form of lower cost-of-living increases for retirees under age 62, many of whom take other jobs while collecting their military pensions.
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