Pay & Benefits Watch Pay & Benefits WatchPay & Benefits Watch
Key developments in the world of federal employee benefits: health, pay, and much more.

Pay and Benefits Watch: Hill happenings

ARCHIVES
Here's a sampling of what's been going down on Capitol Hill in relation to federal employees' pay and benefits:
  • The Defense authorization bill, H.R. 4205, contains a 3.7 percent pay raise for military personnel and a provision to allow military members the right to participate in the Thrift Savings Plan. It has been passed by the House and Senate and now awaits the President's signature.
  • That same bill provides permanent lifetime TRICARE eligibility to Medicare-eligible military retirees and their family members, beginning in fiscal year 2002. Under current law, military retirees lose TRICARE benefits once they become eligible for Medicare.
  • Disabled veterans would receive a boost in their cost-of-living adjustment under a bill, H.R. 4850, passed by the House this week. Under the bill, the boost would go into effect on December 1, 2000.
  • Military service members eligible for education benefits under the Montgomery GI Bill would have a higher monthly allowance-$650-to spend on classes under S. 1402, passed by the House Tuesday.
  • Veterans Affairs nurses would get annual pay raises under S. 1402. VA dentists and other medical personnel would receive increased special pay rates.
  • General Accounting Office managers have been given the authority to boost pay, offer buy-outs and early retirement, and use layoffs to streamline the agency under a bill signed into law by the President earlier this month.
  • Newly hired federal employees could begin investing immediately in the Thrift Savings Plan and employees could roll over funds from private sector retirement plans into their TSP accounts under a bill, H.R. 208, that passed Congress last week. The bill now goes to President Clinton for his signature.
  • A rollback in retirement benefits contributions for federal employees and members of Congress and a one-year extension of the pilot program that allows federal agencies to subsidize child care costs for lower-income employees is included in H.R. 4985, Treasury-Postal appropriations. The bill has been approved by both the House and Senate and now awaits the President's signature.

Scholarships awarded

The Federal Employees Education Assistance Fund recently awarded $275,000 in merit scholarships to 410 children of federal employees as well as to federal employees themselves.

The winners were chosen from a pool of 6,000 applicants for their academic excellence and their committment to community service. Blue Cross-Blue Shield donated $50,000 to the scholarship fund.

FEEA is a private, nonprofit organization that provides educational benefits and emergency assistance exclusively to all civilian and postal federal employees and their dependent family members. FEEA receives no government funds; as a result, all revenue is derived from federal employee contributions specifically pledged to FEEA #2808 in the Combined Federal Campaign. To learn more about FEEA go to www.feea.org

The Federal Managers Association has also recently awarded $1,000 scholarships for this school year to 16 students, dependents of FMA members. FEEA administers FMA's scholarship program.

FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by G Suite

    Cross-Agency Teamwork, Anytime and Anywhere

    Dan McCrae, director of IT service delivery division, National Oceanic and Atmospheric Administration (NOAA)

    Download
  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

    Download
  • Sponsored by One Identity

    One Nation Under Guard: Securing User Identities Across State and Local Government

    In 2016, the government can expect even more sophisticated threats on the horizon, making it all the more imperative that agencies enforce proper identity and access management (IAM) practices. In order to better measure the current state of IAM at the state and local level, Government Business Council (GBC) conducted an in-depth research study of state and local employees.

    Download
  • Sponsored by Aquilent

    The Next Federal Evolution of Cloud

    This GBC report explains the evolution of cloud computing in federal government, and provides an outlook for the future of the cloud in government IT.

    Download
  • Sponsored by LTC Partners, administrators of the Federal Long Term Care Insurance Program

    Approaching the Brink of Federal Retirement

    Approximately 10,000 baby boomers are reaching retirement age per day, and a growing number of federal employees are preparing themselves for the next chapter of their lives. Learn how to tackle the challenges that today's workforce faces in laying the groundwork for a smooth and secure retirement.

    Download
  • Sponsored by Hewlett Packard Enterprise

    Cyber Defense 101: Arming the Next Generation of Government Employees

    Read this issue brief to learn about the sector's most potent challenges in the new cyber landscape and how government organizations are building a robust, threat-aware infrastructure

    Download
  • Sponsored by Aquilent

    GBC Issue Brief: Cultivating Digital Services in the Federal Landscape

    Read this GBC issue brief to learn more about the current state of digital services in the government, and how key players are pushing enhancements towards a user-centric approach.

    Download

When you download a report, your information may be shared with the underwriters of that document.