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Pay and Benefits News

OMB budget guide details retirement contribution rates for future feds

The payroll tax cut deal made earlier this year included provisions to increase new federal employees' retirement contributions. We've posted a chart detailing how much employees and agencies will contribute.

Thursday - 08/09/2012, 10:30am EDT

Federal Pay: Misteakes Wuz Made

Are the experts doing all those federal pay studies working from the same database and on the same page? Or are they even on the same planet, which would explain why you are either overpaid 50 percent in one study or underpaid at least 20 percent in another, says Senior Correspondent Mike Causey.

Tuesday - 08/07/2012, 12:00am EDT

Answers to your long-term care insurance questions

Mary Lou McGuinness, director of care coordination for Long Term Care Partners, discusses who needs long-term care insurance and the policy options that are available.
August 6, 2012

Monday - 08/06/2012, 04:32pm EDT
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Calm Before The Storm

August is hot in DC, Atlanta, Houston, St. Louis and Cincinnati and lots of other places too. But those of us inside the Beltway get a break you don't...that's because for the next month...until after Labor Day, tens of thousands of the people who at times make this such a toxic town are away — back with the folks who sent them here in the first place.

Monday - 08/06/2012, 05:13am EDT

Enforcement of SCRA results in expansive settlement with national lender

A recently announced consent decree between Capitol One and the Justice Department is the most sweeping settlement as the Justice Department ramps up enforcement of the Servicemembers Civil Relief Act.

Friday - 08/03/2012, 07:28pm EDT
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TSA labor deal includes revamped performance reviews, due process

The historic labor agreement covering 45,000 transportation security officers (TSOs) overhauls the current pay-for-performance system, puts in place a grievance process for workplace disputes and increases the uniform allowance.

Friday - 08/03/2012, 09:59am EDT
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Was 2011 The Good Old Days???

When you think of the good old days do you think of your childhood, or maybe when you were in high school or college? For some people, like those who work for or are otherwise linked to Uncle Sam, Senior Correspondent Mike Causey says the good old days may be as recent as this time last year when we thought times were tough.

Thursday - 08/02/2012, 06:32am EDT

Fed pay, the postal service, and more

NTEU president Colleen Kelley and Steve Watkins and Andy Medici from the Federal Times will talk about some of the big a wide variey of issues affecting federal workers.
August 1, 2012

Wednesday - 08/01/2012, 06:43pm EDT
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TSP returns inch up in July

Returns for most of the basic Thrift Savings Plan basic funds continued inching up in July, with only the S Fund, pegged to stocks of small and medium-sized U.S. companies, dipping into the red for the month.

Wednesday - 08/01/2012, 02:16pm EDT

TSP plans RFP to improve data center security by year's end

The contract includes "very stringent" IT security requirements. The announcement follows a data breach that affected 123,000 TSP participants in 2011.

Monday - 08/06/2012, 12:20pm EDT
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Budget showdown fizzles

Ever watch an inept team of trainees assemble then take apart an explosive device? If not, move to D.C. or watch live coverage of Congress on TV. With Congress, you get the political version which, more often than not, ends in a whimper rather than a bang, Senior Correspondent Mike Causey says.

Wednesday - 08/01/2012, 07:39am EDT

House OKs bill allowing agencies to boot tax-delinquent feds

The House voted 263-116 to approve the Federal Employee Tax Accountability Act and send it to the Senate. The measure would make those are who are seriously delinquent ineligible for federal employment, whether they're working for the government now or are applying for a job. The House will also vote on final passage of a bill Wednesday to curb misuse of government charge cards.

Wednesday - 08/01/2012, 12:51pm EDT

Lawmakers find ways to avoid another TSP cyber breach

Remember the recent cyber attack on more than 100,000 Thrift Savings Plan participants? It's been out of the headlines lately, but lawmakers haven't forgotten about it.

Tuesday - 07/31/2012, 06:15am EDT

End of the world delayed?

Good news, bad news. The good news is that the end of the world — in your case, maybe extended furloughs or even a layoff — is likely to be extended. Things are currently scheduled to go boom early next January. But there are signs that Congress may delay the day of reckoning until March or April of 2013. Now your only worry is the Mayan calendar, Senior Correspondent Mike Causey says.

Tuesday - 07/31/2012, 05:00am EDT

George Clooney and us

You're a GS-13 male. You work for the Defense Department or the IRS in D.C., or Atlanta or Philadelphia. So what do you have in common with actor George Clooney that would make him jealous of you? Senior Correspondent Mike Causey thinks he's found the answer, and its more than just your TSP plan.

Monday - 07/30/2012, 09:55am EDT

FSAs to shrink under new health care law in 2013

Bob Leins and Tammy Flanagan discuss the "best of" subjects brought up during recent seminars.

Monday - 07/30/2012, 11:46am EDT
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Overpaid feds bite back

If one expert told you your house was overpriced by 58 percent and another said it was undervalued by 28 percent, you might want to get a third opinion. Maybe a fourth too. And that's the gap between experts trying to figure out the federal vs. industry pay gap, Senior Correspondent Mike Causey says.

Friday - 07/27/2012, 12:00am EDT

Studies 'prove' feds are either overpaid or underpaid

What would happen if you put six people in a dark room with an elephant, a rhino and a giant squid and gave them 30 seconds to describe what they discovered? Odds are, the survivors would give widely varying accounts, which may explain those studies showing you are both overpaid and underpaid, Senior Correspondent Mike Causey says.

Thursday - 07/26/2012, 05:41am EDT

Sequestration and pay

AFGE's Public Policy Director Jacque Simon and Stephen Losey and Sean Reilly of the Federal Times will talk about the big issues affecting federal workers.
July 25, 2012

Wednesday - 07/25/2012, 05:52pm EDT
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OPM wants to hear from agencies facing pay adjustment rates

OPM has requested agencies review their pay scales and decide whether to make adjustments for fiscal 2013.

Wednesday - 07/25/2012, 02:48pm EDT
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