The Politics of Federal Pay Rates
Are federal employees paid too much, too little or about the right amount? The gap is growing larger between those that argue feds are over or underpaid.
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 takeāhome compensation.
Are federal employees paid too much, too little or about the right amount? The gap is growing larger between those that argue feds are over or underpaid.
AFGE president J. David Cox Sr. released a statement today on the announcement of the 1.7% COLA that will be given to federal retirees and Social Security recipients in which he said, “It could have been much worse.”
Social Security has announced benefit changes for 2013. The cost-of-living adjustment that Social Security recipients will receive starting in January will be 1.7%.
A Rasmussen survey released this week found that 58% of American adults surveyed believe that federal employees earn more money than private sector workers, and 64% said they believe private sector employees work harder than government employees. What’s your opinion? Share your feedback in our survey.
The author examines the “five-year requirement” under the Federal Employees Health Benefit and how it applies to your Federal Employees Group Life Insurance.
The president has signed another continuing appropriations resolution to fund the government for another few months. It means that the existing pay freeze for federal employees will continue.
OPM has announced that the average premium for those covered under the Federal Employees Health Benefits (FEHB) Program will increase by 3.4% in 2013. The increase is lower than last year’s increase of 3.8%.
The House of Representatives approved a $1.047 trillion stopgap spending bill on Thursday to avert a government shutdown. In accordance with a recent directive from President Obama, this means federal employees will have an extended pay freeze if it passes Congress.
The Republican Party platform that was adopted Tuesday at the Republican National Convention in Tampa would cut the size of the federal workforce and adjust federal pay and benefits to “reflect those of the private sector.”
Will the Bush era tax cuts be extended by Congress? Nobody knows, but regardless of what Congress does, the authors offer steps one can consider taking before year end to improve your personal finances.