House Committee Hearing Addresses Proposed Benefits Cuts
A hearing held by a House Committee yesterday addressed recent proposals to cut federal employees’ retirement benefits.
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.
A hearing held by a House Committee yesterday addressed recent proposals to cut federal employees’ retirement benefits.
Legislation that would provide free lifetime identity theft protection to victims of OPM’s data breaches has been reintroduced in the House.
The author says that recent proposals will end up reducing federal employees’ benefits by more than the value of the TSP’s F, S and I Funds combined.
At a town hall discussion held this week, OPM director Jeff Pon hinted that there may be major changes in store for federal employee compensation.
One Congressman is unhappy with OPM’s proposals to reduce federal employees’ benefits and has expressed his dissent in a letter to the agency.
In his Public Service Recognition Week proclamation, President Trump stressed the importance of implementing the President’s Management Agenda.
Major changes to federal employee benefits would save about $143,509,000,000 over ten years according to new legislative proposals from OPM director Jeff Pon.
In order to carry FEHB coverage into retirement, you must meet these requirements. The author also addresses some questions federal employees are likely to have.
Will federal retirees receive a COLA in 2019? How will this impact any federal employee pay raise?
These are some discounts that are available for federal employees and military members on things such as travel, cars and electronics.