The only thing I saw affecting current pensioners is a reduction in COLA. My pension system did that my first year in retirement over 4 years ago, reducing it from yearly CPI, to 2% fixed unless CPI was over 5%. The ironic part is this "reduction" has given me bigger yearly raises because CPI was been below 2%. This year CPI was 0.12%, so instead of getting that tiny amount we got the 2% fixed. I hope they can continue coming up with more "reductions" like this that gives me more money.
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