Despite tough talk from Congress and the White House, the federal employee benefits package has so-far remained untouched.
Going a decade without a raise has obviously made some lawmakers resentful of federal workers, at least when it comes to setting an amount and actually approving a raise.
The slight upward creep in living costs in the first four months of this year points to a modest January 2020 cost-of-living adjustment.
Federal retirees and folks who get Social Security benefits may be among the few people in the country who get anxious when crude oil prices drop.
Several members of Congress have declared the President’s proposed cuts to federal employee retirement “dead on arrival,” while at least one Republican has expressed more of an interest in developing a new system for prospective employees.
The annual winter presentation of the president’s budget is akin to other ancient rituals which have since lost their original purpose.
The Trump administration’s 2020 budget proposal for government spending gives a big boost to the Pentagon and other security-related agencies, while calling for a cut of more than $2.7 trillion in federal civilian spending over the next ten years.
The Trump administration for the third consecutive year has recommended cuts to federal employee retirement and health benefits as part of its 2020 budget request.
DoD says roughly 15,000 state-side personnel will receive cost of living adjustments in 2019, down from 28,000 this year.
Rep. Gerry Connolly (D-Va.) wants to find parity in annual cost-of-living-adjustments for participants in both the Federal Employee Retirement System (FERS) and Civil Service Retirement System (CSRS).