The Federal Employees Paid Parental Leave Act would provide up to four weeks of paid leave for some federal employees. The bill is now moving forward in the House of Represenatives.
The Congressional Budget Office has several proposals to reduce the cost of government. None of these options will necessarily be passed into law but, with an eventual effort to reduce the federal debt, some of the options would save billions and may be tempting–to the disadvantage of federal employees and retirees.
How much will your pay raise be in 2010? President Obama has proposed 2% for civilians to bring federal pay and benefit practices “more in line with the private sector.”
You have reason to feel your financial future is at risk. We are in an uncertain economic situation. So what about your future retirement? Should you be putting money into the G fund, the F fund or into stocks? Here is a summary of professional investment prognosticators at a recent event for investors. It is not optimistic but may be helpful to you in planning your financial future.
Federal employees under the FERS system who are nearing retirement may have at least a momentary sense of enrichment. Legislation has again been introduced in the House to credit unused sick leave in computing an annuity payment.
Senator Jim Webb (D-VA) says that more paid leave for federal employees is “an issue of fairness” in introducing the Senate version of the Federal Employees Paid Parental Leave Act.
Performance pay plans are continuing in the federal government. A recent example: A pay-for-performance demonstration plan has been approved for about 2800 non-bargaining unit employees of the Food Safety and Inspection Service of USDA.
A decision needs to be made as to whether pay-for-performance should be expanded throughout the Executive Branch or concluded with employees being rolled back into the General Schedule (GS) or a similar pay system. A continuing patchwork of pay systems within the Executive Branch is not a good long-term option.
The Federal Employees Paid Parental Leave Act of 2009 was introduced in the House of Representatives on January 22nd. This is a copy of the bill.
Federal pay for performance systems have run into opposition and mixed reviews. This article considers awards, cost of administering the programs, inflated ratings, and distinguishing between the pay-banding aspects of pay for performance and the appraisal processes upon which they rely.