Get the latest federal employee pay news, including updates on federal pay raises, GS pay scale changes, locality pay, and federal compensation policy. Stay informed on TSP news, TSP fund performance, contribution limits, and investment updates. This category also covers FEHB premiums, FEGLI rates, FEDVIP dental and vision benefits, and major OPM policy changes, federal workforce legislation, and other developments that impact federal employee pay, benefits, and take‑home compensation.
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.
Can a federal employee accumulate more than a million dollars in a TSP account? 562 have done so, more than double the number that existed in early 2012. Their average tenure as a federal employee: 24.8 years.
The first article on this subject introduced the concept of a new pay system in government. In the second article, the author goes into further detail on what this system might look like.
The National Association of Government Employees (NAGE/SEIU) has called upon Congress to donate 20 percent of their net pay for the next 22 weeks to the federal government to help reduce the national deficit.
Senator Tom Coburn (R-OK) has sent a second letter to the White House’s Office of Management and Budget saying that applying the cost of the average annual salary of a new federal position could potentially avoid furloughs for 52 current federal workers in essential positions.
The House of Representatives has passed legislation that would extend the pay freeze on the federal workforce through 2013.
