Pay and Benefits Special Reports
Top News
- 5 percent of federal workers to be furloughed Friday
- Congress pressures agencies to speed up office consolidations
- Katherine Archuleta chosen as next OPM director
- Data breach puts DHS workers at risk of identity theft
- DoD chooses interoperability over integration for new e-health record system
- House GOP panel moves on deep budget cuts
- OMB fuels synergy between mobile, open data
- IRS official Lerner: 'I did nothing wrong'
- Accountability breakdown leading factor in DoD sexual assaults
- OMB reworking financial system requirements
- Federal retirement funds temporarily tapped
- VanRoekel to lead OMB management team
- Meet the 2013 Service to America Medal finalists
- Thursday federal headlines - May 23, 2013
FERS: 25 Years Later
Federal employees who came into government after Jan. 1, 1984 were part of a grand experiment. Could the government transition to a private-sector-like retirement system? The answer, 25 years after the creation of the Federal Employees Retirement System (FERS), is a resounding yes. FERS, according to many experts, has lived up to the expectation of providing federal employees a three-piece retirement plan: a small defined pension, Social Security and a 401k-like investment opportunity in the Thrift Savings Plan. In our special report, we explore whether moving from the Civil Service Retirement System (CSRS) to FERS was a success and how FERS has evolved over the last quarter century.
Pay Debate
Federal employee pay has been a target in cost-cutting efforts by the President and Congress, aided by a public perception of feds as overpaid "fat cats." Claims about public vs. private pay have swung widely - from the Federal Salary Council's data that shows feds are paid 24 percent less than the private sector, to a Cato Institute report that says feds are paid double the private sector. What's the reality? Federal News Radio brings you interviews and analysis on the federal pay debate.
Causey Awards
The Causeys recognize the exceptional efforts of those distinguished individuals who work in the human capital management field specifically in pay, benefits, human resources and human capital issues in the federal government and in industry. Awards are given out on an annual basis.
