
Well, not the entire Senate, yet. Ben Cardin (D-MD) and Brian Schatz (D-HI) recently introduced a bill called the Federal Adjustment of Income Rates (FAIR) which would give federal employees a 3.3 percent pay raise in 2015. The proposed pay raise is welcomed news for Federal employees.  Federal employees have endured a lot over the past years. They have gone without pay increases, endured pay freezes and furloughs and even lived through the sequester.
- Also Read: 3 Reasons Certain Federal Employees Can Retire Years Earlier Than Their Peers Without Penalties
- Also Read: CSRS Retirement in 2024: Are You Making the Most of What This Classic Plan Has to Offer?
- Also Read: Roth IRA Basics for Beginners: What’s There to Learn?
The gap that has always separated public employees from private employees certainly widened as a result of the slow-down and the eventual shut-down of the Federal Government. Salaries and benefits must be competitive in order to bring the highest caliber of talent to the Federal service.  It is good to know that Federal employees, often under-appreciated, have found two champions in Senators Cardin and Schatz. The senators appreciate the hard work and dedication of public servants and want them to be rewarded for their hard work and long years of service.
The people of Maryland and Hawaii know that their Senators are not only fighting for Federal employees in their individual states, but Federal employees all over the United States. Because the FAIR Act will benefit all Federal employees, I am certain the Senators will have no problem convincing their 48 colleagues that implementing the FAIR Act is the right thing to do.
P. S. Always Remember to Share What You Know.
Recommended Articles
For Postal Employees – LiteBlue and the TSP
Federal Retirement Benefit Analysis
Is The Pension Survivor Benefit Best For You?  by Todd Carmack
A Little-Known Opportunity Can Increase Your Retirement Income.  by Mark Sprague
FEGLI …. If What You Thought To Be True.  by Marty Duggan