1% Federal Pay Raise in 2015 Closer to Reality
The likelihood of a 1% federal pay raise next year is one step closer to becoming a reality with the introduction of a continuing resolution to fund the federal government.
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.
The likelihood of a 1% federal pay raise next year is one step closer to becoming a reality with the introduction of a continuing resolution to fund the federal government.
What are the average salaries for some federal jobs and how do they compare to the highest paid ones? While in the same category, the differences may surprise some. If you fall into one of these categories, see how you compare to the average and the highest paid individuals.
Could you explain the rationale for the best dates to retire? For example why is Dec 28 better than Dec 31 for 2014?
The author recounts his experiences as a former position classification specialist as they relate to the debate over a fair pay system to use within the federal government. He offers some suggestions for approaches to take on the debate over replacing the General Schedule pay system.
All of the TSP funds had a positive return in August except for the I fund.
The Government Accountability Office said in a new report that the Office of Personnel Management needs to work on ways to modernize the General Schedule system.
President Obama has sent a letter to House Speaker John Boehner and Vice President Joe Biden for a 1 percent across-the-board pay increase for the federal workforce. Here is a copy of the letter describing the pay adjustments to take place in January 2015.
President Obama is moving forward to implement a one percent pay raise for federal employees in 2015.
OPM has proposed to expand FEHB coverage to temporary employees with a full government contribution. The proposal does not address how the agency is able to ignore existing legislation in the new proposal and this issue is being questioned by the ranking member of a Senate committee.
Open season is coming up. Here is why this could be important to federal employees.