Legislation Aims to Protect Federal Employees’ Pensions From Payday Lenders

Legislation recently introduced by Congressmen Matt Cartwright (D-PA) and Gerry Connolly (D-VA) aims to protect federal workers, military retirees, and postal retirees by expanding Truth in Lending Act disclosure provisions to any situation where a federal or military pension is used as consideration for an “advance.”

‘Locality Pay Equity Act’ Introduced In Congress

Legislation has been introduced in Congress to ensure that there is only one local wage area within a locality pay area. What impact would this legislation have on federal employees’ pay if it were enacted, and what brought about the introduction of the legislation? The author explains what you need to know.