February 7, 2012 at 9:09 pm #152308
See a recent article from WP that identifies and summarizes the proposed fed gov pay freezes. http://www.washingtonpost.com/blogs/federal-eye/post/republicans-keep-focus-on-federal-pay/2012/02/06/gIQASSeyuQ_blog.html
1.) The Securing Annuities for Federal Employees Act of 2012:The bill would calculate federal retirement based on a federal employee’s highest five years of earnings instead of the current rate, which calculates the highest three years. The change would apply only to workers hired after this year and who do not have at least five years of previous federal service. Notably, lawmakers also would be included. The bill also would force pension contributions to rise 1.5 percent over three years and make other changes that would force many employees to pay more for a smaller retirement program. Sponsor: Rep. Dennis A. Ross (R-Fla.). Status: In committee, most likely headed for a full House vote.
2.) Honest Budget Act: The bill would make it more difficult for Congress to pass appropriations bills without first approving a budget. It also tightens rules on paying for natural disasters that increase overall spending. Tucked within the bill, however, are provisions that would freeze all within-grade step increases for federal employees. Virtually every federal employee eligible for the pay bump earns it, according to the Office of Personnel Management, and payouts average about $2,000 as a worker graduates through the 10 steps of a grade in the 15-grade General Schedule pay system. Sponsor: Rep. Martha Roby (R-Ala.). Status: Proposed last week.
3.) Extending the Federal Pay Freeze One More Year: The bill would extend a pay freeze for federal employees, congressional staffs and lawmakers for one more year, beginning in 2013. Sponsor: Rep. Sean Duffy (R-Wis.). Status: Passed the House last week.
4.) Down Payment to Protect National Security Act of 2012 : The bill would extend the federal employee pay freeze through June 2014 and cut the federal workforce by 5 percent through attrition. Supporters say those cuts would shore up sequestration cuts in defense spending set to take effect next year. Sponsors: Sens. Jon Kyl (R-Ariz.), John McCain (R-Ariz.), Lindsey Graham (R-S.C.), John Cornyn (R-Tex.),Kelly Ayotte (R-N.H.) and Marco Rubio (R-Fla.). Status: Unveiled last week.
February 8, 2012 at 6:08 pm #152310
Glad to see you posted this… I’m posting a link to this in the other discussion.
You must be logged in to reply to this topic.