Pay & Benefits

January TSP numbers in doldrums

Defense

Agencies now have permanent buyout authority

Federal agencies can start offering buyouts of up to $25,000 to their employees, under a regulation issued this week.

Pay & Benefits

Pay lowdown

The devil is in the details of the administration’s plan for senior executive pay reform.

Management

Nominee pledges to revive SEC

Defense

Regulation clears way for officers’ overtime pay

The Office of Personnel Management on Thursday loosened up a regulation that could have cost federal law enforcement officers thousands of dollars a year in lost pay—and lowered their retirement benefits.

Pay & Benefits

Former TSP chief sues board members

Pay & Benefits

Counting beans

The math behind why your paychecks don't always jibe with the General Schedule pay scale.

Pay & Benefits

Bush backs 2 percent raise; seeks performance pay fund

The Bush administration plans to give federal employees a 2 percent across-the-board pay raise in 2004, and create a new $500 million fund agencies can use to raise the salaries of high performers.

Pay & Benefits

Administration seeks to raise SES pay cap

The Bush administration wants to raise a cap on federal executives’ salaries, administration officials said Friday.

Pay & Benefits

Senate backs omnibus spending bill with 4.1 percent raise

The Senate Thursday passed a $390 billion fiscal 2003 omnibus appropriations package that includes a 4.1 percent pay increase for civilian federal employees this year.

Pay & Benefits

Pay-for-performance

Exceptional employees need not fear pay-for-performance measures.

Pay & Benefits

Pay flexibility

Government reform advocates say federal pay systems need some room to stretch.

Management

OPM revamps management intern program, weighs pay hike

In an effort to revitalize the 25-year-old Presidential Management Intern program, the Office of Personnel Management is considering increasing the pay of entry-level interns, the agency says.