Politics, Federal Unions and Avoiding the Federal Pay Freeze at the FAA
Are there secret negotiations going on between the FAA and a union to preserve future salary increases and the “official time” given to union representatives?
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.
Tea Party Budget Would Cut Federal Employees’ Pay by 10%
In response to the super committee’s thus far failed attempts to cut $1.2 trillion in federal debt over ten years, the Tea Party has released its own budget plan that aims to reduce federal spending by $9.7 trillion over the next ten years.
OPM Announces New FEGLI Premiums
OPM has released the new premiums for the Federal Employees’ Group Life Insurance (FEGLI) categories. The new rates will be effective the first pay period beginning on or after January 1, 2012.
Romney Plan Could Cut Some Federal Salaries by As Much as 30 to 40 Percent
GOP Presidential candidate Mitt Romney recently released his fiscal plan. Some of the cuts proposed would directly affect federal employees.
20% of TSP Participants Have a Loan Against Their Accounts
According to data recently released from the Federal Retirement Thrift Investment Board for August, approximately one in every five TSP participants has a loan outstanding against his or her account.
New Book Aims to Help You Make Money in the TSP
A recently published book aims to help federal employees understand the Thrift Savings Plan and how to better save for their retirement.
More Saving Opportunities for Retirement: TSP Contribution Limits Going Up
TSP participants will have more room to save for retirement with the annual contribution limits for the TSP increasing to $17,000 per year in 2012.
House Oversight Committee Recommends Extending Pay Freeze for 3 More Years
At the end of last week, House Oversight Committee Chairman Darrell Issa (R-CA) sent a letter to the Joint Select Committee on Deficit Reduction (the “super committee”) recommending that it adopt some specific cuts to the federal workforce.
Federal Employees ‘Must Sacrifice:’ Third Year of Pay Freeze Proposed
Another pay freeze for federal employees has been recommended as a way to cut costs.
3.8 Percent Average Health Insurance Increase in 2012
How much will your health insurance cost you in 2012? Check out the new rates and take a close look at your options before this year’s open season.
