Pay & Benefits

Lawmaker backs pay parity, 3.5 percent raise for 2008

Rep. Tom Davis tells appropriators that providing competitive pay for civilian and military personnel will help recruitment and retention.

Defense

House panels trim missile defense, exceed personnel requests

Subcommittee rejects administration attempt to increase fees for military retirees’ health care.

Pay & Benefits

Darfur Divestment?

Members of Congress want to know if investments in the Thrift Savings Plan are helping to fund atrocities in Sudan.

Pay & Benefits

House panel approves 3.5 percent military pay raise

Federal labor unions hope to secure an equivalent hike for civilian employees.

Pay & Benefits

Senator renews push to reduce burden of pension offset

Proposal to cut penalty applied to some retirees’ Social Security benefits comes with price tag of $8.2 billion over 10 years.

Pay & Benefits

Common stocks lead April TSP earnings

International investments in the 401(k)-style plan post the strongest 12-month returns.

Management

Agencies report rise in student loan repayments

Budget limitations and tax liabilities remain obstacles to offering the benefit.

Management

GAO settles pay dispute with 12 of 308 senior analysts

Counsel finds data and calculations used to conduct the employees' performance evaluations were flawed.

Pay & Benefits

Estimating Your Benefits

If you’re thinking about retiring, it’s a good idea to at least get a ballpark figure on the benefits you’ll be receiving.

Pay & Benefits

OPM proposes new rules on higher pay for hard-to-fill jobs

Regulations seek to boost agency use of "underutilized" pay flexibility.

Pay & Benefits

Move Around

One of the upsides of working for the federal government is that you can jump to a new agency and keep your benefits.

Defense

Bill would keep Defense labs out of new personnel system

Pay-for-performance demonstration projects are working, so there’s no need to move employees to the National Security Personnel System, sponsor says.

Pay & Benefits

Lawmakers seek to extend combat-zone tax break to feds

Civilian federal employees are eligible for hardship pay up to a ceiling, but do not get the tax benefits offered to military personnel and contractors.

Defense

House panel probes latest DHS personnel overhaul

Lawmakers question whether Human Capital Operational Plan will address morale problems.

Pay & Benefits

Honey Pot

The Thrift Savings Plan has grown into a $200 billion-plus retirement behemoth, but its nearly 4 million participants might be surprised to learn how their money is managed.

Pay & Benefits

Paybanding Evolution

New regulations give IRS supervisors more and more flexibility to set pay, as long as it’s not according to the General Schedule.

Pay & Benefits

Lawsuit seeks Sunday pay differential for part-timers

Regulation limiting bonus pay to full-time workers violates Congress' intent, labor union argues.

Pay & Benefits

No time off for travel on holidays, OPM says

Agency issues final regulations clarifying rules on compensatory time for travel.

Defense

DHS urged to shift bonus money from execs to employees

House committee Democrats give the department a failing grade for employee morale.

Pay & Benefits

TSP to assess capacity to handle stock market plunges

After a major market dip in late February, officials want to ensure they are prepared to handle a flood of transactions.