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Search Tags: pay freeze
The House passed a veterans funding bill Thursday that includes extends the pay freeze another year for civilian employees of the the Defense and Veterans Affairs.
It could be a long time before federal workers see another January pay raise. But for retirees, things are looking up.
After rejecting a bipartisan compromise and President Obama's budget Wednesday, the House prepares to vote on a Republican plan that calls for an extension of the federal pay freeze through 2015, increased federal retirement contributions and a reduction of the federal workforce by 10 percent.
Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.
The Senate voted Wednesday to overhaul transportation programs and keep aid flowing to thousands of construction projects while strengthening highway. The $109 billion measure, approved in a 74-22 vote, included a number of amendments affecting federal pay and benefits, including a provision to allows "phased retirements" for federal employees and an expansion of an expired mass-transit subsidy.
Host Mike Causey will talk career mobility with
Carol Bonosaro, president of the Senior
Executives Service. Federal Times Senior Writers
Stephen Losey and Sean Reilly will talk about
how pending legislation in Congress will affect
your pay and benefits.
March 14, 2012
Tags: pay and benefits , Senior Executives Service , Carol Bonasaro , Federal Times , Sean Reilly , Stephen Losey , retirement , budget battle , sequestration , USPS , Budget Control Act , Mike Causey , Your Turn with Mike Causey , buyouts , downsizing
The Senate has defeated an amendment to a transportation bill that would have extended the federal pay freeze through 2013. In a 57-41 vote, lawmakers rejected the amendment, introduced last week by Sen. Pat Roberts (R-Kan.). The measure needed 60 votes to pass. Federal unions applauded the news.
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.
For federal workers traveling through the congressional tunnel: Is that light they see sunshine or an oncoming train wreck? Either way their journey isn't over by a long shot, Senior Correspondent Mike Causey says.