Pay & Benefits
Debt crisis forces Treasury to tap employee retirement funds again
For the second time this year, the Treasury Department will suspend daily investments of billions of dollars of federal employees’ retirement funds to avoid breaking the federal debt ceiling, Treasury Secretary Paul O’Neill said Tuesday.
Pay & Benefits
Bill would make long-term care premiums tax-deductible
Federal employees and other Americans should be able to deduct the cost of long-term care insurance premiums from their tax bills, lawmakers and retirees said at a Capitol Hill press conference Thursday.
Pay & Benefits
Panel investigates fraud in injured workers program
A House hearing on Thursday aimed at investigating injured government workers’ complaints about poor customer service from the federal workers’ compensation program instead focused on ways to prevent civil servants from defrauding the $2 billion-a-year program.
Pay & Benefits
OPM chief: Talk about the pay system, not salaries
Office of Personnel Management Director Kay Coles James doesn’t want to talk about whether federal employees should be paid more. She wants to talk about the system under which federal employees get paid.
Pay & Benefits
Vision and dental blues
Would you trade some of your leave benefits for subsidized vision and dental insurance?
Pay & Benefits
Report outlines problems with federal pay
The government’s current system of classifying and paying workers is outdated, fails to reward individual achievements and does not reflect market pay levels, according to a new white paper on federal pay from the Office of Personnel Management.
Pay & Benefits
For 9/11, a $150 pittance
Special payments for feds at the Pentagon and World Trade Center. Plus, higher premium pay on the way.
Pay & Benefits
OPM to issue federal pay review next week
The Office of Personnel Management will issue a review of federal pay next week that officials hope will trigger a debate on potential pay reforms.
Pay & Benefits