A special retention pay authority the Justice department used to retain certain Bureau of Prisons employees expires in a few days. This affects employees of the Federal Correctional Institution Thomson in Illinois. The result: A Christmastime pay cut of 25% for correctional officers and other employees.
In today's Federal Newscast: Thousands of dollars in retention bonuses, are not retained for the new year. Federal facility safety stations get their first upgrade in 15 years. And Rocket Lab lands a half-billion-dollar government contract.
The United Postmasters and Managers Association and National Association of Postal Supervisors agreed to new salary ranges proposed by USPS.
As a former U.S. Air Force pilot and current leader of more than 500 advisers, I understand the financial challenges military members face. Military families are immersed in a culture of service, sacrifice and frequent relocation that often puts their financial security on the back-burner.
Actual 2024 federal pay raises for civilian employees will range from 4.7% to 5.7%, depending on where they work. Here is a list of all the raise amounts based on locality pay area.
President Joe Biden signed an executive order implementing an average 5.2% federal pay raise for most civilian employees in 2024, the final step needed to make the salary increases official.
The Federal Prevailing Rate Advisory Committee voted in favor of a draft proposal to reform the pay system for blue-collar federal employees, but several members remain concerned about actual implementation.
More than a million military service members participate in the so-called blended retirement system. It lets them make TSP-style savings contributions that are portable. The funds go with them when they leave the military. But there is more to financial readiness, something to think about in a high-spending season.
Multiple sources tell Federal News Network the Office of Management and Budget told agencies to target specific job classifications like cyber or data scientists or certain grade levels for increased salaries.
The National Rural Letter Carriers Association filed a national-level grievance this week over the Postal Service’s “repeated failure to pay rural carriers correctly and on time.”
The Department of Veterans Affairs will be able to offer higher salaries to radiation specialists who treat veterans with patients, if a bipartisan bill makes it through Congress.
The State Department is honoring Michelle Neyland, a congressional adviser for its Bureau of International Affairs who helped make a pay raise for Domestic Employees Teleworking Overseas a reality.
In its final regulations, OPM said some commenters held “a mistaken belief” that certain counties were being inadvertently being excluded from the locality pay areas — but that is not the case.
In today's Federal Newscast: The National Park Service offers the best customer experience in the government, according to research firm Forrester. The chief management officer is not coming back to the Defense Department. And blindsided by pay problems, certain VA medical employees might be allowed union help.
'Tis the season to be jolly. But don't get too distracted from important priorities, like end-of-year financial planning. For some orientation, the Federal Drive with Tom Temin spoke with Thiago Glieger, a wealth adviser with RMG Advisers of Rockville, Maryland, a firm that specializes in federal employees.