I dont doubt it. I know the old CSRS system has to be underfunded since nobody new came into the system after 1983. Cant hardly be anyone paying in now but a lot paying out. SS about to play out, FERS under funded and reducing the federal workforce will only make that worse. Govt pretty good at writing checks they cant cover.A website on FERS says it was underfunded by $600 billion as if 2023 . I don’t know where it stands now ?
It seems like we can avoid the underfunded pension (California has a big issue with this) by changing it now for new hires under age 25 ?
They have known for years SS is under funded - yet no politician wants to sign on to that - and the longer they wait to do something, the more it is going to hurt