Pay & Benefits

Report outlines problems with federal pay

The government’s current system of classifying and paying workers is outdated, fails to reward individual achievements and does not reflect market pay levels, according to a new white paper on federal pay from the Office of Personnel Management.

Pay & Benefits

For 9/11, a $150 pittance

Special payments for feds at the Pentagon and World Trade Center. Plus, higher premium pay on the way.

Pay & Benefits

OPM to issue federal pay review next week

The Office of Personnel Management will issue a review of federal pay next week that officials hope will trigger a debate on potential pay reforms.

Pay & Benefits

Low staffing may hurt federal financial oversight

Low staffing levels at the federal agencies that oversee billions of dollars in investments and international trade may be hurting the government’s ability to prevent financial crimes and to enforce trade agreements, officials said at a Senate hearing Tuesday.

Pay & Benefits

Comparing benefits

A look at private-sector versus federal benefits.

Pay & Benefits

Treasury restores millions to G Fund as debt crisis ends

The Treasury Department on Tuesday restored $27.7 million in interest to a federal employee retirement fund. The interest was withheld for nearly two weeks during a government debt crisis.

Pay & Benefits

Frequent flier miles rule finalized

Pay & Benefits

Shop around

The new federal long-term care insurance program may be the best deal for you. Then again, maybe it’s not.

Pay & Benefits

Accounting games

Should the latest proposed accounting change for federal pay and benefits worry federal employees?

Pay & Benefits

Treasury to suspend G Fund investments

The Treasury Department will suspend daily investments of billions of dollars of federal employees’ retirement funds for two weeks to avoid breaking the federal debt ceiling, Treasury Secretary Paul O’Neill said Tuesday.