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The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [2] by Article 9, Section 15 of the Alaska State Constitution [3] under Governor Jay Hammond and Attorney General Avrum Gross. From February ...
Federal workers and supporters hold signs as they demonstrate against Elon Musk and his Department of Government Efficiency (DOGE) outside of the Office of Personnel Management (OPM) headquarters ...
Pay-for-Performance is a method of employee motivation meant to improve performance in the United States federal government by offering incentives such as salary increases, bonuses, and benefits. It is a similar concept to Merit Pay for public teachers and it follows basic models from Performance-related Pay in the private sector.
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
Next are Hawaii and Alaska, where 5.5% and 5% of the workforce are federal employees, respectively. A shutdown in these two states could freeze $88.7 million per week in wages. MoneyGeek
Protesters rally outside the Theodore Roosevelt Federal Building headquarters of the U.S. Office of Personnel Management on Feb. 5, 2025, in Washington, D.C. (Alex Wong—Getty Images)
The Government Employee Fair Treatment Act of 2019 (GEFTA) is a United States federal law which requires retroactive pay and leave accrual for federal employees affected by the furlough as a result of the 2018–19 federal government shutdown and any future lapses in appropriations. [1]
This means that employees can pay for various medical costs, ranging from premiums to copayments, without subjecting those funds to federal, and often state and local, income taxes.