Pay & Benefits
Cafeteria benefit plans draw fire at hearing
A House subcommittee chairman pushed the idea of cafeteria-style benefit plans for federal employees at a hearing Tuesday, but labor leaders said the idea would simply shift costs from the government to workers.
Pay & Benefits
SEC launches new pay system against union wishes
Employees and managers at the Securities and Exchange Commission will get pay raises of as much as 11 percent this week under a new pay system, but the SEC employees’ union isn’t happy about the new system.
Pay & Benefits
New TSP system set for September
The $102 billion Thrift Savings Plan will have a new computer system in September that will update the value of federal workers’ and military personnel’s 401k-style retirement accounts every day, the TSP board announced Friday.
Pay & Benefits
Central e-learning site for federal workers takes shape
A Transportation Department Web site will be transformed into a one-stop e-learning portal for workers throughout the federal government, an Office of Personnel Management official said.
Pay & Benefits
Law enforcement officers seek higher pay
Federal law enforcement officers would get higher overtime pay under a bill that will be introduced in the House Thursday.
Pay & Benefits
Debt crisis forces Treasury to tap employee retirement funds again
For the second time this year, the Treasury Department will suspend daily investments of billions of dollars of federal employees’ retirement funds to avoid breaking the federal debt ceiling, Treasury Secretary Paul O’Neill said Tuesday.
Pay & Benefits
Bill would make long-term care premiums tax-deductible
Federal employees and other Americans should be able to deduct the cost of long-term care insurance premiums from their tax bills, lawmakers and retirees said at a Capitol Hill press conference Thursday.
Pay & Benefits
Panel investigates fraud in injured workers program
A House hearing on Thursday aimed at investigating injured government workers’ complaints about poor customer service from the federal workers’ compensation program instead focused on ways to prevent civil servants from defrauding the $2 billion-a-year program.
Pay & Benefits
OPM chief: Talk about the pay system, not salaries
Office of Personnel Management Director Kay Coles James doesn’t want to talk about whether federal employees should be paid more. She wants to talk about the system under which federal employees get paid.
Pay & Benefits