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Fed benefits spared in highway, student loan deal

Congress passed a bill Friday to overhaul federal highway programs and extend student loan interest rates. Federal employees' retirement benefits appear to be spared in the deal. The legislation also allows the Department of Transportation to avoid furloughing 3,500 employees and halting hundreds of thousands of constructions projects.

Tags: Congress , pay and benefits , pension , Transportation , student loan , budget

Thursday - 06/28/2012, 10:47am EDT

Senate amendment would extend pay freeze through 2013

Sen. Pat Roberts (R-Kan.) introduced an amendment Thursday to the Senate Highway Bill that would extend the federal pay freeze for another year as part of special deficit reduction trust fund.

Tags: Pat Roberts , Senate , pay freeze , budget , workforce , pay and benefits , Michael OConnell

Monday - 03/12/2012, 06:48am EDT