Memo continues pay freeze for top political officials until March.
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Plan to change G Fund returns would make fresh retirees invested in the L Income Fund run out of savings eight years earlier.
Sometimes you can take advantage of exceptions to the standard rules. But that’s where things can get complicated.
A weekly round-up of pay and benefits news.
Proposed $1 billion interagency award pool would only be big enough to give feds currently meeting or exceeding performance standards an average boost of $481 next year.
Hearing ends years of stalling over Obamacare rule process.
Proposal includes a rate hike and cutting delivery frequency.
Budget is light on specifics but supports broad civil service reforms.
The freeze is coupled with a $1 billion interagency fund to reward high performers as a first step in moving the civil service toward pay for performance.
Monday’s release to recommend transfer of $10 billion over a decade away from the “tenure-based” civil service system and to bonuses for valuable workers.