Both most likely.
Would it be like reducing salary growth as in WB last year or eliminating some benefits?
The benefits are about to be severely cut. So if you didn't make it to the Fund yet, you may want to reconsider...
Bump...is this true?
Under discussion. The staff is fighting hard but the US and few European countries are pressuring hard for cuts. Not clear how it will play out, some advantages may be cut (for instance children tuition fees covered up to the age 24) but some others might be preserved (the generous pension system)