On this week's Your Turn radio show, host Mike Causey examines what's in the most recent budget deal that will impact feds.
If the proposed budget deal becomes law, new federal workers will see a total of 10.6 percent of their salaries automatically withheld from their paychecks to cover their retirement benefits. That could lead to them contributing less or not at all to their voluntary Thrift Savings Plan accounts, experts said.
The annual policy legislation also doesn't merge the DoD CIO and deputy chief management officer.
Newly hired federal workers will be required to contribute more toward their pensions and some military retirees will see smaller cost-of-living adjustments under a budget deal announced by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) Tuesday evening. The budget deal, which sets funding levels for the next two years, eases some of the bite of the automatic spending cuts, known as sequestration. The pact restores about $63 billion to agency spending through the end of fiscal 2015, split about evenly between Defense and civilian agencies.
Lawmakers, who face a self-imposed Friday deadline to come up with a fiscal 2014 budget plan, appear to be making progress toward a limited deal that would stave off another shutdown and give agencies the certainty of funding for the remainder of the year.But lawmakers with districts surrounding Washington, D.C. are preemptively speaking out against any proposal that, in their words, would "throw federal employees under the bus." Rep. Frank Wolf (R-Va.), says that too often in the past federal employees' pay and benefits have "been used as pawns in budget negotiations."
Julie Perkins and Jenny Mattingley host a roundtable discussion of the big issues in the federal government and what's ahead for 2014. December 6, 2013
Linda Rix, co-CEO of Avue Technologies will discuss how uncertainty in the federal marketplace is stifling government innovation. December 6, 2013 (Encore presentation December 13, 2013)
The two employee unions say lawmakers shouldn't make up for sequestration cuts by forcing federal employees to contribute more to their retirement. House and Senate legislators are working on a small-scale budget deal that reportedly includes a provision to alter federal retirement benefits.
The Defense secretary issues specific directions to implement a 20 percent cutback in the size of his own sprawling support staff, including the elimination and consolidation of several senior positions. Gen. Martin Dempsey will deliver plans to cut the joint staff by 20 percent in the coming weeks, and all military organizations commanded by three or four star generals will do the same.
Reps. Jim Bridenstine (R-Okla.) and Doug Lamborn (R-Colo.) introduced a bill Tuesday to cancel sequestration for the Defense Department for two years. The bill would offset this change by using a chained CPI to calculate COLAs for federal retirement programs along with other entitlement reforms.
Even as mystery surrounds the work of the House-Senate budget committee negotiating over fiscal 2014 funding levels and possible alternatives to devastating across-the-board budget cuts known as sequestration, there's consensus emerging about some of the potential bargaining chips the committee is likely to use. That includes requiring federal workers to contribute more of their salaries toward their pensions.
On this week's Capital Impact show, Bloomberg Government Senior Defense analyst Dr. Kevin Brancato will examine how budget cuts will impact the Defense Department's ability to upgrade its aircraft. November 21, 2013
In this week's edition of Agency of the Month, Dr. Reginald Wells, Deputy Commissioner at the Social Security Administration, discusses the human resources pressures caused by tightening budgets.
Postal officials called on Congress to lift a 2006 congressional requirement that it make annual $5.6 billion payments to cover expected health care costs for future retirees.
Jack Midgley, a director in Deloitte's Global Defense Consulting practice will discuss the findings in the company's recent report on defense spending. November 12, 2013