Federal Employee Groups Lobby Against Pay Freeze Vote
Groups representing federal employees have been speaking out on the House’s scheduled vote on a bill that would continue the pay freeze for the federal workforce.
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.
Groups representing federal employees have been speaking out on the House’s scheduled vote on a bill that would continue the pay freeze for the federal workforce.
Two recent editorials take issue with the upcoming pay increase for federal employees.
A petition has been filed asking the administration to stop withholding payments to the G fund.
Congressman Ron DeSantis (R-FL) has introduced a bill that would freeze pay for federal employees and extend a freeze on pay for Members of Congress.
Treasury Secretary Timothy Geithner said that the government has begun borrowing from the federal employee pension fund to keep operating without passing the approaching debt limit.
Many times when people consider the VCP annuity, it looks like a viable option. However, there are critical problems with the CSRS VCP annuity that you should know about before you sign on the dotted line.
The TSP is examining the possibility of adding a Roth conversion option for participants.
Despite the pay freeze, the average federal employee salary is still going up but not as much as it has increased in past years.
TSP Executive Director Greg Long said in a recent letter to TSP participants that in the event of hitting the debt ceiling, it is possible that the government can use money from the G fund to help pay the federal debt.
Senator John McCain (R-AZ) recently told the Daily Caller that he doesn’t think federal employees should get a pay raise this spring.