2006 Pay Raise Moves Forward in Congress
The 3.1% pay raise for federal employees is now virtually assured based on Congressional action late last week.
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.
The 3.1% pay raise for federal employees is now virtually assured based on Congressional action late last week.
Will the controvery surrounding the 2006 pay raise for active federal employees have an impact on CFC donations this year? Here are the results of a recent survey.
Flexible spending accounts are open to many federal employees but it is a benefit often overlooked or misunderstood. Here is a quick summary of the program.
The Senate has passed a deficit reduction package that does not include a pay freeze for federal employees for 2006.
A “Fiscal Watch Team” has been formed in the Senate to cut back on government spending. One target: The 2006 pay raise for federal employees.
Should Congress forego a pay raise this year? If that happens, should the pay raise for federal employees be impacted as well in order to cut government spending?
The mood in Congress is changing rapidly and lawmakers appear to be serious about finding new ways to cut government spending.
Government spending to recover from Hurricane Katrina means spending cuts will probably be necessary in other government programs. One possibility is changing the formula for calculating federal employee pension benefits.
OPM has delayed the start of the dental and vision program for federal employees.
Readers questioned the data on federal employee salaries in a recent article. Here is more information on what goes into the data and why the information generates interest among readers.