With three months left to go in the cost-of-living adjustment countdown clock, federal/military/Social Security retirees are looking at a January inflation-catch up of 2.7 percent.
The Senate Appropriations Committee cleared a bill to give federal civilian employees a 1.9 percent pay raise in 2019.
The Senate Appropriations Financial Services and General Government Subcommittee differed from the president's budget proposal and suggested a pay raise for civilian employees in 2019.
The House-passed version of the defense authorization act does not include the Trump administration's proposed changes to federal retirement.
In today's Federal Newscast, bipartisan legislation in the Senate would shorten the deadline for the Defense department to pay defense contractors who work with small businesses.
If any of the Trump administration’s proposals to overhaul the federal pay and pension plans make it through Congress, thousands of federal workers might have to extend their tours of duty by as much as a decade to maintain their standard of living.
Some clever, eligible federal workers are considering retiring later this year to be on the retirement roles for the January 2019 cost of living adjustment. But the problem is that time is not on their side.
The 150-member Republican Study Committee has listed its budget priorities for 2019, calling for eliminating all automatic pay raises for federal workers, and increasing their contributions to their own retirement. The conservative group's also wants to make it easier for federal employees to be fired.
The Trump administration has been pulling at the Gordian knot of federal employment.
The American Federation of Government Employees and have endorsed congressional candidates whom they hope will advocate for federal worker pay going forward.
Senior Correspondent Mike Causey discusses the difference between a pay raise for federal workers and military personnel and a cost of living adjustment, or COLA, for retirees
Lawmakers have spent the last four weeks finalizing appropriations for fiscal 2018, with the intent of packaging all 12 spending bills into one omnibus.
Unless Congress takes positive action there will be no January 2019 pay raise.
What do presidents Jimmy Carter, George W. Bush and Donald J. Trump have in common? Hint: It has nothing to do with hair.
Rep. Gerry Connolly (D-Va.) and Sen. Brian Schatz (D-Hawaii) have reintroduced the FAIR Act, which would give federal employees a 3 percent pay raise for 2019.