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House Committee Approves Increase in Employee Retirement Contribution

On April 26, the House Oversight and Government Reform Committee approved a bill that would require federal employees to contribute an additional 5 percent of salary to retirement phased in over five years. Under the bill, employees would contribute an additional 1.5 percent of pay in 2013, an additional 0.5 percent in 2014 and an additional 1.0 percent in 20156 through 2017. FERS employee contributions would increase from 0.8 percent to 5.8 percent. CSRS employee contributions would increase from 7 percent to 12 percent. The bill would eliminate the FERS supplement for employees hired after January 1, 2013.

Senate Defeats Proposal 13 to Extend Pay Freeze

The Senate defeated an amendment to the transportation bill that includes a provision to extend the pay freeze until December 31, 2013.  The House has already passed legislation the pay freeze legislation.

Congress Considering Many Bills Affecting Federal Pay and Benefits

There are over 25 bills in Congress that extend federal pay freezes, increase retirement contributions, reduce federal annuities or reduce the number of federal employees.

Report on Federal/Private Sector Pay says Some Paid More, Some Less

When pension and health benefits are factored in, the average federal worker earns 16 percent more in total compensation than private sector workers.  However, highly skilled employees earned significantly less than their private sector counterparts.

NIH Physicians Among Highest-Paid Federal Employees

A website list the names, titles and salaries of the 1000 highest paid federal employees.  Many of the highest paid federal employees are medical officers.

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