Calculating Your 2010 Pay Rate: How Much Will You See in Your Paycheck?
What will your 2010 pay rate be in actual dollars and cents? That depends in large part on the final action by Congress and the President.
Federal Employee Pay News
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.
Your 2010 Pay Raise: 2%, 2.9% or 3.4%?
Will the 2010 average federal pay raise be 2%, 2.9% or 3.4%? All three figures are being used in Congress by different committees. Here is an update on the status of the 2010 pay increase.
Forget the Sacrifice: Bumping Up the 2010 Pay Raise
A considerably higher pay raise has been authorized for the military which may bump up the 2010 pay raise for federal employees.
The Persistence of Pay-for-Performance in Government
Pay-for-performance may prove a boon to government, but experiences to date indicate much groundwork must be laid before assumptions translate into proven successes. “As someone who looks forward to Director Berry’s tenure at OPM, I urge him and his staff to temper their enthusiasm for PFP with the cool-but-conclusive data at hand.”
FERS Sick Leave Credit and Locality Pay for Some Federal Employees Passes in House
The bill that would provide credit for unused sick leave for federal employees under the FERS retirement plan and change the pay system for federal employees outside of the continental United States has been passed by the House.
The Proposed Federal Benefit That Won’t Die
A proposal to allow federal employees under the FERS system to get credit for unused sick leave did not get through the legislative process last year and was recently eliminated in new legislation during the legislative process. The proposal is back again though in a bill that has an assortment of new, improved benefits for portions of the federal workforce.
TSP Changes Adopted in Tobacco Bill–Sick Leave Provisions for FERS Dropped in Final Legislation
The tobacco bill has been approved by Congress. The new legislation will make changes to the TSP but the final version does not include a change to allow credit for unused sick leave for FERS employees.
FERS Sick Leave Changes Dropped in Senate Bill: What Impact Should This Have on Your Retirement?
The Senate did not include proposed changes to the FERS sick leave program that would have given some people more money in retirement. How should this recent development impact your retirement plans?
Paid Parental Leave Bill for Federal Employees Passes in House of Representatives
The paid parental leave bill for federal employees has been approved by the House of Representatives. The bill would provide paid leave of up to four weeks after the birth or adoption of a child.
How Have Thrift Savings Plan Investors Reacted During Recent Stock Market Fluctuations?
Did investors in the Thrift Savings Plan put more money into the TSP stock funds in anticipation of a turnaround or continue to pour money into the G fund?
