Tag Archives: federal employees

February Retirements Exceed OPM’s Projection By Three Times

A wave of federal retirement claims in February exceeded the Office of Personnel Management‘s projections by three times for that month, according to Fierce Government. Zach Rausnitz writes the agency processed about 15,000 claims during the month and its inventory of unprocessed claims reached 41,000. According to Fedsmith, OPM’s outstanding …

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December Saw Lowest Federal Worker Retirement Filings in 2012

The Office of Personnel Management found federal employees filed for retirement in December at a lower rate than any other month in 2012, Federal News Radio reports. OPM projected it would receive 7,000 claims that month but instead received 5,152 filings. Ken Zawodny, OPM’s associate director of retirement services, told …

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House OKs Pay Freeze for Lawmakers, Federal Workers

The House voted late Monday to freeze the salaries of lawmakers and nearly 2 million federal government employees for the rest of fiscal year 2013, the Washington Post reports. Ed O’Keefe writes the bill, passed 287-to-129 as part of the fiscal cliff compromise, blocks a half-percent cost-of-living pay increase for …

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Fed Worker Unions Ask Congress to Cut Contractor Compensation Cap

Federal employee unions and other groups sent a letter Tuesday to the leaders of the House and Senate Financial Services committees calling for a reduction in the compensation cap for non-Defense Department contractors, GovExec reports. The letter recommends Congress cut the cap from $763,029 to $400,000, according to Kellie Lunney’s report. …

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GSA Holds Line for FY 2013 Travel Rates

Travel reimbursement rates for federal employees will remain the same in fiscal year 2013, GovExec reports. Citing a General Services Administration announcement, Kellie Lunney reports GSA is holding fiscal 2013 reimbursement rates for lodging and other travel expenses at fiscal 2012 levels. Standard lodging rates, covering hotels in 2,600 counties …

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OPM Forming New Phased Retirement Structure

The Office of Personnel Management has released new details about a new program that would let federal employees eligible for retirement switch to part-time work, the Washington Post reports. According to Eric Yoder‘s report, participating employees would receive a prorated partial salary and annuity, based on the amount of time …

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CBO: 30% Growth in Retirement Benefit Spending Likely

The Congressional Budget Office predicts the number of federal retirees will increase by 10 percent over the next decade, helping spur a close to 30 percent increase in retirement benefit spending over that period. Total spending on federal retirement will likely grow from $73.9 billion to $95.7 billion, while Social Security …

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CBO Says Average Pay for Feds Higher Than Private Sector

Federal employees with a high school education and a four-year college degree receive higher compensation than similar private sector employees, according to the Congressional Budget Office. CBO released its findings Monday on differences in compensation — wages and benefits — between federal and private sector employees. The CBO said it …

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OFPP Admin Says Fed Contractor Work Bill Promotes Insourcing

A recent bill that would limit contractors’ from completing work that is considered an inherently governmental job “sweeps away sensible and thoughtful,” Office of Federal Procurement Policy Administrator Dan Gordon said to Federal Computer Week. The bill that Gordon, senators and White House officials seem to be disagreeing on is …

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