The following is a press release from John J. Duncan, Jr. (R-TN 2nd district):
Rep. John J. Duncan, Jr. in a letter this week urged the Congressional “Super Committee” tasked with finding trillions of dollars in savings in the federal budget to put a stop to early federal retirements.
The text of the letter follows:
As you strive to come up with ways to save money and try to bring the federal budget closer to being in balance, I hope you will reduce the number of federal employees who are eligible for very early retirement.
There are many thousands of federal employees who are retiring in their 50s or even in their late 40s. As much as American lifespans have increased, we simply cannot afford to allow people to draw federal pensions at such young ages.
I am not suggesting that the rules be changed for anyone presently employed by the federal government. But I believe significant savings could be achieved in the future if all new hires, with no exceptions, are told that they cannot draw federal pensions at least until age 62 as in Social Security.
With kindest regards, I am
JOHN J. DUNCAN, JR.
Member of Congress