An amendment to expand federal employee benefits has again died in the Senate after passing in the House. The withdrawal of the amendment kills, at least for the moment, a proposal to provide credit for unused sick leave for FERS employees upon retirement.
A number of federal retirees under the CSRS system have asked: “Where is my money under the stimulus bill? My friends who are under Social Security have already received their check.” Here is your answer.
Will the 2010 average federal pay raise be 2%, 2.9% or 3.4%? All three figures are being used in Congress by different committees. Here is an update on the status of the 2010 pay increase.
Virtually all of the Thrift Savings Plan funds had a positive return in June. The exception: the I fund which is still down more than 31% in the past twelve months.
A considerably higher pay raise has been authorized for the military which may bump up the 2010 pay raise for federal employees.
The bill that would provide credit for unused sick leave for federal employees under the FERS retirement plan and change the pay system for federal employees outside of the continental United States has been passed by the House.
A proposal to allow federal employees under the FERS system to get credit for unused sick leave did not get through the legislative process last year and was recently eliminated in new legislation during the legislative process. The proposal is back again though in a bill that has an assortment of new, improved benefits for portions of the federal workforce.
As a federal retiree, you will have an assured source of income. You may find that living abroad offers advantages and a lifestyle unavailable to you here.
Can a federal employee make more money than an elected Member of Congress or the Congressional leadership? What about the pay cap?
Investors in the Thrift Savings Plan are reversing a trend that has been continuing for months: They are again moving money into the TSP’s underlying stock funds and out of the safer G and F funds.
