Lawmakers from both parties said Tuesday they would oppose a Bush administration proposal to create a $500 million fund for performance-based pay raises for federal employees this year.
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Federal employees may be able to check their TSP accounts daily by summer 2003.
The Thrift Savings Plan’s C fund posted positive returns in March for the first time this year, according to the latest numbers from the plan.
Three Senate lawmakers introduced a bill Wednesday that would require the government to pay the difference between civilian and military wages for federal employees called to active duty.
The Homeland Security Department’s 170,000 employees will have a say in a plan to replace federal civil service rules with new rules governing their pay, hiring, evaluation and union involvement, department officials announced Tuesday.