Proposals to cut retirement benefits

Federal retirement benefits are on the chopping block during the debt ceiling debate. While nothing is definite at this point — the battle over the debt ceiling remains intense, with President Obama and House Speaker John Boehner making dueling TV appearances Monday night — the following ideas on retirement benefits have been raised. Many have been mentioned in more than one of the proposals.

The deadline before default is Aug. 2, a week away.

Increasing the employee contribution to retirement

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