Will Wage Grade Employees Get a Pay Raise in 2015?
Will there be an annual adjustment to Federal Wage System (FWS) wage schedules this year?
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
Will there be an annual adjustment to Federal Wage System (FWS) wage schedules this year?
Federal employees will be getting a 1% pay raise in 2015. What about Congress and the vice president?
How much will your annual salary be in 2015? The GS Pay Calculator has been updated to reflect the latest pay raise for each locality (including the “Rest of U.S.”) and for each GS grade and step in each area.
Will new locality pay areas be established in 2015? Here is a quick summary of the situation from the perspective of the Federal Salary Council.
President Obama signed an executive order on Friday officially setting the 1% pay raise for federal workers in 2015.
President Obama signed the Smart Savings Act into law this week to automatically enroll new federal employees into TSP L Funds.
Working on Sunday does not automatically result in Sunday pay. The author discusses what constitutes Sunday work, how much Sunday pay is, and conditions that may impact whether you will receive Sunday pay when assigned to work during Sunday hours.
The author says that the Thrift Savings Plan board members are recognizing that plan participants want more flexibility in making withdrawals in retirement. She says this is a step in the right direction and will likely lead to positive changes for the TSP in the future.
Congress recently passed the Smart Savings Act to change the default allocations in the TSP for newly hired federal employees.
Federal employees are receiving an across-the-board pay raise of 1% in 2015. How does this compare to pay raises in the last decade, and what impact will this have on GS employees’ annual salaries next year?