Your 2013 COLA: 1.7%
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%.
Pay & Benefits
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.
Rasmussen: 58% Think Federal Employees Earn More Than Private Sector Workers
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 Five Year Requirement Under FEHB
The author examines the “five-year requirement” under the Federal Employees Health Benefit and how it applies to your Federal Employees Group Life Insurance.
Pay Freeze to Continue Through March
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.
FEHBP Rates to Increase Average of 3.4% in 2013
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%.
Extended Pay Freeze One Step Closer to Reality
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.
GOP Platform Proposes Cutting Federal Workforce, Pay Adjustments
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.”
Prepare for Tax Changes in 2013
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.
No Pay Raise Until Congress Passes a Budget
President Obama said Tuesday in a letter to Congress that he will use his authority to give federal employees a 0.5% pay raise in 2013, but only if Congress passes a budget.
Bringing Federal Pay Into the 21st Century
According to a series of recent interviews with 55 chief human capital officers, an outdated federal pay system is one of the primary challenges facing federal employment today.
