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Search Tags: pay raise
An administration official confirmed the decision to ask Congress in the fiscal 2015 budget request expected on March 4 for another slight increase.
The $1 trillion, 1,500-page spending bill unveilved Monday night ends the three-year pay freeze for blue-collar federal employees under the wage-grade system.
A new bill introduced this week by Rep. Matt Cartwright (D-Pa.) would ensure blue-collar federal employees receive the same scheduled pay increase in January as General Schedule employees. White-collar GS employees are due to get a 1 percent pay raise in January, under a plan announced in August by President Barack Obama, who has authority to set GS pay levels. However, pay raises for wage-grade or hourly employees require separate legislation. With no action by Congress, pay for these employees would remain flat.
Retirees will get a 1.5 percent cost-of-living adjustment next January, and white-collar feds are looking at a 1 percent raise. Not much but it could have been a lot worse, Senior Correspondent Mike Causey says.
Congress returns to work today with a crowded agenda and little time. Lawmakers must come to agreement on 2014 funding before the fiscal year ends Sept. 30 or risk a government shutdown. Also on the agenda: coming up with an alternative to the automatic spending constraints known as sequestration and negotiating a raise in the government's borrowing limit. There are also other measures affecting federal employees that remain to be worked out, including legislation to overhaul the cash-strapped Postal Service and a potential 1 percent pay raise for civilian federal workers.
Tags: Congress , budget , House , Senate , appropriations , sequestration , Philip Joyce , Romina Boccia , Heritage Foundation , Jessica Klement , NARFE , continuing resolution , debt limit , postal reform , Tom Carper , Gerry Connolly , workforce
Want to know the size of the next federal pay raise? Your best bet is to take $20, or the going rate, and find yourself a first-class tarot card reader. If she deals you the Ace of Pentacles you will be in the money, Senior Correspondent Mike Causey says.
President Barack Obama issued some good news for federal workers before the start of Labor Day weekend, calling for a 1 percent pay increase for feds in 2014. But Congress could still prevent the raises through legislation. Federal employees have had their pay frozen since January 2011.
So how do you manage to pay 2013-level bills -- like rent, food and health insurance -- on a 2009 pay scale. Look around you. Look in the mirror. It's what millions of federal workers have been doing for the past three years, Senior Correspondent Mike Causey says.
Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers.
April 24, 2013