The author says that federal employees who move to more expensive locality areas prior to retirement can actually boost their annuity after retirement. He explains how this works through the use of some hypothetical examples.
Will new locality pay areas be added to the federal GS pay system in 2015? A report from the President’s Pay Agent suggests this will be done but no final decision has been made.
Federal employees in areas as far apart as Albany, NY to Las Vegas and Tucson are wondering, “What about my locality pay?”
Despite the recommendations of the Federal Salary Council, locality pay areas will be the same in 2014 as they were in 2013.
Federal employees in a number of metropolitan areas are likely to be included in new locality pay areas in 2014.
Locality pay is one wrinkle in the complex federal pay system that can make a big difference in the amount of pay received by a federal employee. Here is a quick summary of the new recommendations from the Federal Salary Council that may interest many federal employees.
Will federal employees receive a pay raise in 2013 or will the pay freeze continue in effect for another year? Our best guess: A small raise for feds in January.
The use of telework or flexi-place has become an attractive feature for both employees and management for a variety of different reasons. However, a poorly administered program can be more of a burden than the problem one may be trying to solve.
The President’s Pay Agent has decided to extend the 2011 locality payments to the same Governmentwide and single-agency categories of employees authorized to receive the 2010 locality payments. If a pay freeze is enacted for 2011, these employees will be entitled to continue to receive locality payments at the 2010 level. Here is the OPM announcement.
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.
