Social Security vs. Federal Employees: Cumulative Pay Increases
The author compares the historical pay increases of current federal employees to retirees on Social Security to see which group comes out ahead.
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 author compares the historical pay increases of current federal employees to retirees on Social Security to see which group comes out ahead.
A new executive order and guidance from OPM formally announced the extension of the pay freeze through the end of 2013.
What is the overall impact of the pay freeze on employees retiring in the near future? The author runs some hypothetical numbers to illustrate.
President Obama has signed into law legislation that funds the government through the fiscal year and extends the federal employee pay freeze.
A new memo from OPM director John Berry outlines several legislative changes affecting pay and certain benefits.
The Senate Democrat’s 2014 budget proposal released this week says that it offers a “smarter approach” than the House GOP budget proposal to save taxpayers money when it comes to addressing potential cuts to the federal workforce.
Congress has approved a measure to fund the government through the end of the fiscal year and avoid a shutdown. The bill also includes an extension of the pay freeze on the federal workforce through 2013.
In the second article in the series, the author goes into some additional detail about the three basic aspects of the high-3 average pay calculation.
The House Republican Study Committee has released its 2014 budget blueprint which includes a number of proposed changes that would impact the federal workforce.
House Budget Committee Chairman Paul Ryan (R-WI) has released the Committee’s 2014 budget blueprint for the federal government. As in past House budget proposals, there are some proposed measures that would affect the federal workforce.