Officials also announce a 3.1 percent pay raise coupled with a 1 percent locality increase.
PAY & BENEFITS - ALL ARTICLES
Why the Human Capital Performance Fund, designed to reward top performers, never got off the ground.
Decrease will bring the rate for federal employees in line with that set by the IRS.
International stocks are biggest performers, gaining 4.64 percent.
Managers can continue to work on “soft skills” while department reevaluates details of human resources reforms.
Some supervisors will be eligible for $10,000 in additional salary.
Enrollment program started last month and will continue into May.
Thrift Savings Plan dividends are there contributing to your retirement savings -- you just can’t see them.
Opponents argue traditional plans’ costs will rise from migration of healthier enrollees.
President issues executive order allocating 2.1 percent for across-the-board increase and 1 percent for locality raises.