Birdwatch Note Rating
2024-12-16 13:42:35 UTC - HELPFUL
Rated by Participant: 2167A13249CABC94B1C4E457CA56D6EE629E69AC85CFF9C83C1F4B5F6C9CD496
Participant Details
Original Note:
Important context and factual inaccuracies: FY22, the Pension balance was $1.012 trillion, 10x the amount paid (outlays). The fund is expected to grow to >1.5 trillion by FY2032 Workers pay up to 4.4% into FERS. FY24 had a surplus of $17 billion, not a deficit. https://crsreports.congress.gov/product/pdf/RL/98-972 https://www.opm.gov/about-us/reports-publications/agency-plans/fy-2024-congressional-budget-justification/earned-benefits-trust-funds/#:~:text=For%20FY%202024%2C%20the%20net%20assets%20combined%20total%20is%20%241.2%20trillion%2C%20receipts%20total%20%24202%20billion%2C%20and%20outlays%20total%20%24185%20billion
All Note Details