Tag: Federal Pay
The president has issued an executive order that will give federal employees an across-the-board pay raise of 1% “on the first day of the first applicable pay period beginning on or after January 1, 2014.”
Rep. Matt Cartwright (D-PA) has introduced legislation that would ensure that the percentage increase in rates of basic pay for Wage Grade (WG), or hourly, employees is equivalent to the percentage increase received by other federal employees in the same pay locality.
A recent report from the Congressional Budget Office makes a myriad of proposals designed to help put a dent in the growing federal debt, some of which would directly impact federal employees.
Three Senators have reintroduced legislation that would end the defined benefit pension portion of the Federal Employee Retirement System (FERS) for new federal government hires.
The Office of Personnel Management and the Office of Management and Budget are instructing agencies to limit the amounts paid to federal employees for bonuses in FY 2014.