2012 Pay Rates Released
OPM has released the 2012 General Schedule pay rates. FedSmith.com has also updated our pay calculator to reflect the new rates.
OPM has released the 2012 General Schedule pay rates. FedSmith.com has also updated our pay calculator to reflect the new rates.
The heated debates in Congress over extending the payroll tax cut have come to a temporary end just in time for Christmas. Absent from the current agreement: a one year extension of the pay freeze and modifications to the federal retirement system.
Senator Tom Coburn (R-OK) has released a report outlining 100 projects and items on which he believes the government has wasted taxpayers dollars in 2011.
President Obama issued an executive order Monday outlining the pay rates for various federal salary schedules for 2012. The executive order is issued annually to set pay rates, and, not surprisingly, there is no change from 2011 for most federal employees since the pay freeze is still in effect.
Rep. Buck McKeon (R-CA) has introduced legislation that would cut the federal workforce by 10% to pay for mandated sequestration cuts in FY 2013.
According to a statement from OPM, in FY 2011 the federal government hired the highest percentage of veterans in over 20 years.
The House passed the payroll tax cut bill Tuesday night in a 234-193 vote. The bill contains a provision that would extend the current pay freeze on civilian federal employees for another year.
Republicans in the House have introduced legislation that would extend the pay freeze on federal employees as well as increase employee retirement contributions under both CSRS and FERS.
In the debate over how to pay for the payroll tax cut extension, one group is suggesting that rather than a pay freeze, federal employees should be required by Congress to pay for their job security.
Award amounts for SES employees were generally lower in FY 2010 than in FY 2009. Recent figures from OPM show average award amounts granted by various federal agencies.