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A new bill has been introduced in Congress that would increase the annual cost of living adjustment (COLA) for retired federal employees under the Federal Employees Retirement System (FERS) in some...
The Federal Freeze Act, which would implement a one-year freeze on pay increases for federal civilian employee salaries. If passed, federal agency heads would be directed to establish a cap on ...
— Civilian federal employees hired before 1984 are covered under the Civil Service Retirement System instead of Social Security. Federal workers hired since 1984 are covered under a different ...
In December 2010, President Obama issued Executive Order 13561 [6] carrying out a two-year federal employee pay freeze. [7] Two years later, on December 27, 2012, he issued a new order, Executive Order 13635, which would end the pay freeze and give civilian federal employees a 0.5% raise in 2013. [8]
The remaining 29 percent were paid under other systems such as the Federal Wage System (WG, for federal blue-collar civilian employees), the Senior Executive Service and the Executive Schedule for high-ranking federal employees, and other unique pay schedules used by some agencies such as the United States Securities and Exchange Commission and ...
In December 2010, President Obama issued executive order 13561 [3] carrying out a two-year federal employee pay freeze. [4] Two years later, on December 27, 2012, he issued a new order, Executive Order #13635, which would end the pay freeze and give civilian federal employees a 0.5% raise in 2013. [2]
Right now, the Social Security tax rate is 12.4% — 6.2% for the employee, 6.2% for the employer. With this change, employees will pay up to $10,918.20 in 2025, compared to $10,453.20 currently ...
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]