1. Feds, You’ll get your 1% raise, (if you’re still working).
Short answer: No effect on benefits for Active Military and Active Feds, minor effect on Retired NG/Reserves, much effect on Active Duty Retired Veterans, Retired Feds, and Future Feds.
This is what showed up on my RSS newsreader this week….
Notice a recurring theme here? Federal Employee Morale stinks. This is because overall Federal Employee compensation is shrinking while workloads are expanding (due to hiring freezes). Pay, benefits, and the FERS Annuity itself are once again bargaining chips on the table.
No wonder 12,000 Feds bailed out in October.
Two Navy commands I met with last month were both mentally preparing themselves for the Next Shutdown (in January 2014).
What to do? Continue reading