The likely amount is now a 3.5% bump up in January 2021, but anything could happen.
The Office of Personnel Management has its own recommendations for correcting the new federal paid parental leave law, as well as a wide range of other legislative proposals for 2021.
In what’s become the administration’s evergreen budget plan, the White House has again proposed that federal workers kick in more of their salary toward their retirement plan in return for smaller lifetime annuities that are frozen when they retire.
No one gets paid what they deserve. But everyone deserves a little stability.
If history repeats itself, the budget President Donald Trump sent to Congress Monday afternoon will again be a political bombshell
President Donald Trump has officially announced his intention to Congress to give civilian employees a 1% federal pay raise in 2021. His submission of an “alternative pay plan” comes months before the typical August deadline.
President Donald Trump’s proposed 1% across-the-board federal pay raise is an attempt to meet Congress “halfway” on the topic, as the administration also recommended more agency funding on employee performance rewards and bonuses.
Most people stop looking forward to birthdays after they first become eligible to drive, or vote.
In today’s Federal Newscast, the Republican Study Committee want to overhaul federal employee pay, performance awards and hiring systems.
While the USPS Fairness Act would remove an “onerous requirement” for USPS to pre-fund its retiree health benefits, the legislation by itself would do nothing to remedy the agency’s cash flow problems or its long-term financial position.
Somewhere out there, the person or persons who, in the late 1990s, predicted Uncle Sam was facing a massive wave of retirements may be happy at last. Or not!
Congress had once anticipated as many as 1,000 federal employees would use phased retirement at any given time. But eight years after lawmakers signed off on the program, participation still falls well short of original expectations.
Although the Federal Employees Retirement System (FERS) was launched in the 1980s, it is still considered the “new” plan by workers who remained in the old Civil Service Retirement System (CSRS).
Nobody likes to think about dying. But it happens and if you don’t do some advance planning it can cause even more longer lasting pain and grief.