Retirement wave slows at year's end
The retirement wave of federal employees started off strong in 2012, but it slowed considerably toward the end of the year.
View ArticleHouse Republican bill would freeze pay through December
House Republicans on Wednesday introduced a bill that would freeze federal pay scales for the rest of 2013.
View ArticleSpending cuts to hit DFAS next week
The Defense Finance and Accounting Service on Jan. 27 will freeze hiring, stop nominating employees for performance awards, and slash travel, training and overtime to help it deal with budget cuts.
View ArticleMilitary members quadruple enrollment in TSP Roth option in Dec.
Enrollment in the Thrift Savings Plan's fledgling Roth option spiked in December, especially among military service members. And the growing interest in the Roth option could lead to service members...
View ArticleHoyer open to further federal pay cuts if others also sacrifice
House Democratic Whip Steny Hoyer, who represents thousands of federal employees in his Maryland district, said Friday that he is open to further cuts to federal pay and benefits if they are part of a...
View ArticleJanuary sees large spike in federal retirements
January saw the biggest one-month exodus of new federal retirees in at least three years. The 22,187 federal employees who retired last month represented a 3 percent increase over January 2012,...
View Article180,000 Air Force civilians face furlough under sequestration
The Air Force is preparing to furlough about 180,000 civilian employees — essentially its entire civilian work force — for 22 days if sequestration goes into effect.
View ArticleMore employees contest negative performance appraisals, raise denials
More employees are contesting negative performance appraisals, denials of step increases that would raise their pay, and other personnel actions that negatively affect them, Merit Systems Protection...
View ArticleReport: President to propose 1% pay raise for feds
President Obama is preparing to propose a 1 percent pay-scale raise for federal employees in 2014, the Washington Post reported Friday.
View ArticleHouse votes to extend 2013 pay freeze
The House on Friday passed a bill that would freeze federal employees' pay scales for the rest of 2013.
View ArticleDoD to notify Congress soon of impending furloughs
The Defense Department will notify Congress as early as Wednesday of plans to furlough almost 800,000 civilian employees starting in April if automatic budget cuts take effect, according to a defense...
View Article800,000 DoD civilians face furloughs in April
The Defense Department said Wednesday it will furlough almost 800,000 employees — essentially its entire civilian workforce — beginning in late April.
View ArticleFederal pension systems' unfunded liabilities skyrocket
The unfunded liability of the federal government's pension systems exploded in fiscal 2011 to $761.5 billion dollars — an increase of $139 billion from its fiscal 2010 deficit.
View ArticleCustoms, Border Patrol will see furloughs
Customs and Border Protection is planning to furlough all 60,000 employees for up to 14 days if sequestration goes into effect, the National Treasury Employees Union said Wednesday.
View ArticleTSP execs expect more loans, lower contributions
The board governing the Thrift Savings Plan said Monday it is preparing for an increase in hardship loans or emergency withdrawals if sequestration goes into effect and hundreds of thousands of federal...
View ArticleSequestration to hit March 1, senator predicts
BALTIMORE — While the across-the-board cuts known as sequestration are virtually certain to take effect this Friday, Congress could move to halt them in late March as part of a bill to set...
View ArticleBudget cuts would hit Congress but not its members
As the rest of the federal government prepares for furloughs, layoffs and sweeping budget cuts caused by sequestration, the people who could prevent the cuts are the ones whose paychecks are protected:...
View ArticleUnion survey shows sequester will financially hurt many feds
Most federal employees would have trouble paying for basic expenses if their agencies institute furloughs, according to a survey of National Treasury Employee Union members.
View ArticleThousands of GSA employees to get back pay
Thousands of General Services Administration employees will share in a $30 million settlement.
View ArticleOMB to agencies: No employee bonuses
Employees' bonuses will be another casualty if sequestration goes into effect Friday.
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