These Highly Paid Federal Employees Reportedly Unhappy and Seeking Union Representation
Average salary at the CFTC is $145,610, but employees are reportedly unhappy in the belief that their salaries have been lagging behind other agencies.
Federal Employee Pay News
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.
Breaking the Impasse on Federal Pay
Virtually all stakeholders agree that the General Schedule system needs overhauling, but each needs to see something different to move forward. The author says that problems with the GS system could lead to a deteriorating work environment.
Proposal to Raise TSP Director’s Salary to 120% of VP’s Salary
A proposal has been made to raise the salary of the executive director of the TSP to 120% of the salary for the VP of the United States. Are you in favor of this proposal? Take the survey at the end of the article.
Is the General Schedule System Viable for the Future?
There appears to be a growing consensus in Washington that the General Schedule pay system is outdated and in need of reform. But a recent hearing on the issue highlighted the fact that there are many different opinions on how to reform the system (or even if it should be reformed at all).
OPM Issues Final Rule on Federal Employees Dental and Vision Insurance Programs
The Office of Personnel Management has issued a final rule that will allow some federal employees to make changes to their dental and vision insurance programs outside of the normal open enrollment period.
1% Pay Raise Becomes More Likely for 2015
The House passed the Financial Services and General Government Appropriations Act of 2015 which defers the decision on a figure for a pay raise for the federal workforce to President Obama. What does this mean for your chances of a pay raise in 2015?
House Passes Bill to Change Default TSP Investments
A bill that just passed the House would put newly hired federal employees into a new default investment in the Thrift Savings Plan.
Federal Employment Is Not So Bad
The author says that there are many perks that come with being a federal employee, including the almost guaranteed yearly grade and step increases for many employees.. He offers a detailed analysis of the positive impact the federal salary system can have on a federal worker’s pay over the course of a career.
Locality Pay and the Federal Pay Schedule
Will new locality pay areas be added to the federal GS pay system in 2015? A report from the President’s Pay Agent suggests this will be done but no final decision has been made.
When Do Wage Grade Employees Get A Pay Increase?
Many prevailing rate employees working under the WG or associated prevailing rate pay schedules have asked when pay increases will be effective in 2014. The author provides some answers.
