Tag: Federal Pay
How much of a difference will locality pay make in your paycheck? This article compares actual locality pay to the “target pay gap” in each locality pay area and how it impacts the salary levels for hundreds of thousands of federal employees.
Will the federal retirement system be changed to require greater contributions from federal employees in the near future? Will the retirement computation change from a high three to high five? Here is a quick summary of pending issues federal employees should be watching.
FedSmith has received questions from geographic readers in areas to be covered by new locality pay rates. Most readers asking questions are wondering if they will receive the full locality pay differential cited by the Federal Salary Council. Our advice: Don’t make any purchases based on your expectations of increased income until you know the actual amount you will receive. This article explains why.
How much will federal retirees and Social Security recipients receive with a new COLA calculation that will go into effect in January? As of today, there would not be any increase.
A House committee has advanced a bill that may impact the federal pay raise for 2016—by not proposing an alternative pay raise figure for next year.
The U.S. Court of Appeals for the DC Circuit recently confirmed the statutory provisions that limit the payment of overtime and other forms of premium pay as well as the provisions that require Federal employees to repay any overpayments. The author explains what this means for some federal employees’ paychecks.
A proposed rule would create 13 new locality pay areas for some federal employees. That is good news for those employees, but there could also be a negative impact of this action on 2016 pay for federal employees currently under the locality pay system.