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Search Tags: furloughs
If you are a federal worker, you are certainly aware of the Washington-based series, Sequestration: The Soap Opera. Normally such a drama would have little audience outside the Washington Beltway, Senior Correspondent Mike Causey says. But it is being noticed in other places because so many contractors are being hit by furloughs too.
If somebody said they could save you nearly $1,800 but that it would cost you $61,000, you probably wouldn't take the deal, right? Unfortunately, the White House and Congress have signed off on it in the form of furloughs, Senior Correspondent Mike Causey says.
Federal News Radio Senior Correspondent Mike Causey answers your calls and emails about a wide variety of issues affecting federal workers.
April 29, 2013
Tags: pay and benefits , budget 2014 , budget battle , sequestration , federal pay raise , FERS supplement , FERS retirement program , budget cuts , retirement , retirement planning , federal benefits , Bob Leins , Tammy Flanagan , NITP , Mike Causey , Federal News Radio , For Your Benefit
Air traffic controllers are heading back to work. Significant airport delays were reported last week due to furloughs at FAA caused by sequestration.
Air traffic controllers are heading back to work. Congress acts to end airport delays after week of complaints about delays caused by furloughs.
The Federal Retirement Thrift Investment Board says offering federal employees an extra loan option through their Thrift Savings Plans to cushion the impact of furloughs would require too much effort to implement and may not help the employees all that much. Several federal-employee unions have lobbied the board to add a second general purpose loan option to help cushion the blow of furloughs. But at a Employee Thrift Advisory Council meeting April 22, the board quashed the idea, citing the complexity surrounding the changes.
Army leaders say the belated passage of a 2013 budget helped this year's fiscal picture, but the service still is more than $15 billion short of funds. If sequestration continues, the service will shrink by at least 100,000 soldiers.
The House is expected to quickly pass a bill the Senate approved last night that would end furloughs for air traffic controllers. The legislation gives the Federal Aviation Administration the authority to transfer up to $253 million from accounts flush with funds into other programs. This would would help to prevent reductions in operations and staffing through the end of fiscal year 2013.