The Bureau of Labor Statistics reports the pay gap is 26.3 percent, up from 24 percent last year.
Office of Management and Budget Director Jack Lew said he\'s optimistic Congress will keep the government running when the CR runs out later this month. But he said the administration is undecided about whether to extend the federal pay freeze. Lew said budget cuts are an opportunity for all agencies to get better.
Senators announced a bipartisan plan Wednesday to help keep the financially ailing Postal Service solvent while offering incentives to trim its workforce.
A picture is starting to form about what federal and postal workers can expect from Congressional budget-cutters. And as you probably suspected, it isn\'t pretty, Senior Correspondent Mike Causey.
Host Mike Causey is joined by Paul Forte and Beth O\'Brien of Long Term Care Partners, and Federal Times reporter Stephen Losey. October 26, 2011
Making the decision to accept buyout money can change your life for good or bad. Financial and career experts told Federal News Radio the right answer depends on who you are and what you expect and need in life.
Lawmakers charged with reducing the federal deficit should look to contractors\' compensation rather than reduce government workers\' pay and benefits, a coalition of federal unions and management associations wrote in a letter to supercommittee leaders.
The 3.6 percent cost-of-living adjustment due most federal retirees in January could jump-start retirements in many federal agencies — especially if Congress decides to extend the current two-year freeze on federal salaries, Senior Correspondent Mike Causey says.
The annual cost-of-living adjustment, or COLA, is based on a measure of inflation that Congress adopted in the 1970s. Since then, it has resulted in annual increases averaging 4.2 percent.
What do current federal workers and turkeys have in common with royal prisoners held after the French revolution. Key phrase: Impending cuts, Senior Correspondent Mike Causey says.
Track recommendations on federal pay, benefits and retirement made to the supercommittee by top Congressional leaders and the White House.
The House Committee on Oversight and Government Reform is getting into the mix of lawmakers making recommendations to the super committee. Its letter calls for cuts to federal retirements and workforce size.
A Senate committee is recommending the super committee consider one more year of a federal pay freeze, increases to retirement contributions and a 15 percent cut to contracting at agencies.
House Democratic committee leaders are urging the Joint Select Committee on Deficit Reduction to avoid further cuts to federal pay and benefits.
David Snell is the retirement benefits expert with NARFE.