CBO: “The proposal by the House Committee on Oversight and Government Reform would make several changes to the current federal employee retirement program. Specifically, the legislation would increase the percentage of salary that federal employees in the Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) are required to pay towards their retirement and eliminate the FERS retirement supplement that would be paid under current law to certain future retirees under the age of 62. The proposal also would allow federal employees to contribute to their Thrift Savings Plan (TSP) accounts any payment received at retirement for accumulated and accrued annual leave.”