The president's upcoming payroll tax deferral is effective for civilian federal employees when the current pay period ends Sept. 12, the Defense Finance and Accounting Service said. For active-duty military, the president's payroll tax deferral is effective for the mid-month paycheck Sept. 15.
A 1% federal pay raise for civilian employees looks more likely with every passing day. But when it comes to next year's paycheck, the president's planned payroll tax deferral throws a wrench into things.
Both federal civilian employees and active-duty military members will see temporary changes to their take-home pay as a result of the president's tax deferral, a senior administration official told Federal News Network. Though civilian employees and the military will see savings later this month, they're expected to pay back deferred taxes starting next January.
In an email sent to some civilian workers Tuesday, a large defense agency said no federal employee, department or payroll provider will be able to opt out of the president's upcoming payroll tax deferral planned later this month. All federal payroll providers are expected to "act in unison."
Mike Causey asked long-time fed and financial coach Abraham Grungold to check out the 2020 situation, who listed some things which workers under the Federal Employees Retirement System retiring in 2020 should seriously consider.
All federal providers are working to implement the payroll tax deferral policy President Donald Trump announced earlier this month in an executive order, the administration said Monday. The policy should be in place for federal employees by the second pay period in September.
Not much got done in Congress over the last two weeks, and tomorrow is the first day of the last month of the fiscal year.
A coalition of affinity groups at the Justice Department says a nuance in the hiring process, which asks job candidates for their salary history, may disproportionately impact women and employees of color.
In today's Federal Newscast, more members of Congress are calling on Citizenship and Immigration Services to delay upcoming employee furloughs at the end of the month.
Postmaster General Louis DeJoy says USPS would seek “more pricing freedom” from Congress, as well as legislation that would reform the agency’s mandate to pre-fund retiree health benefits.
At one point or another, many federal workers have dreamed about what they would do if and when their agency offered them a buyout.
The Senate will craft a stimulus bill very different from that of the House, and U.S. Citizenship and Immigration Services could get bailout help from Congress this week.
The prospects of a 1% federal pay raise for civilian employees next year seems more likely.
New draft regulations from the Office of Personnel Management will ensure employees and annuitants experience no major interruptions to their federal health, dental, vision and life insurance during future government shutdowns.