New Measure Would Boost Retiree Inflation Adjustments 

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New Measure Would Boost Retiree Inflation Adjustments 

Social Security benefits have not kept up with costs and older adults are left struggling to afford food, medications, clothing, and other necessities. 

Newly introduced legislation in the Senate (S-3974) would boost inflation adjustments to Social Security by basing them on a consumer price index measure geared toward retiree spending patterns rather than on the current general measure of price increases. Follow link to read more. https://www.fedweek.com/retirement-financial-planning/new-measure-would-boost-retiree-inflation-adjustments/

 

Here Are The Best Places To Work In The Federal Government

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Here Are The Best Places To Work In The Federal Government

The 2023 results of the Best Places to Work in Government are here.

For the 12th year in a row, NASA ranked as the best place to work among large federal agencies, according to the latest rankings by the Partnership for Public Service. Follow link to see all results.

 

2025 Federal Pay Raise Update and Inflation Projections

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2025 Federal Pay Raise Update and Inflation Projections

Federal employees can anticipate a 2.0% for the 2025 Federal Pay Raise – will this keep pace with inflation?

As we covered in a previous article, the White House suggested 2% for next year’s federal salary increase in the Biden Administration’s proposed budget for the upcoming fiscal year beginning October 1st. The pay raise would go into effect on January 1st unless there is more shutdown drama in which case it wouldn’t go into effect until later but could be backdated to the first day of the year like in 2019. Typically, the president signs an executive order around mid to late December that finalizes the figure.

The 2% suggestion appears to be the most likely outcome at this point. Although congress could pass a higher pay increase for the federal workforce, the current group of lawmakers on Capitol Hill have not managed to get much passed legislatively. Follow link to read more. https://stwserve.com/2025-federal-pay-raise-update-3-inflation-comparison/

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The Class Of 2024 is Applying to More Government Jobs, Says College Networking Website

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The Class Of 2024 is Applying to More Government Jobs, Says College Networking Website

Handshake’s report says more college graduates are applying to government jobs, as hiring slows in technology and professional services.

The class of 2024 is applying to more government jobs, according to a report released this month by a popular networking website for college students.

In total, roughly 7.4% of job applications from this year’s college graduating class on the website Handshake were sent for government openings. In comparison, that number for the class of 2023 was 5.5%. Follow link to read more. https://bit.ly/3WC7zRv

 

Another Bill Introduced to Slash Telework for Federal Employees

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Another Bill Introduced to Slash Telework for Federal Employees

Another bill has been introduced in the Senate to put limits on federal employees’ use of telework.

Legislation has been introduced that would require federal employees to return to in-person work in greater numbers.

The Back to Work Act (S. 4266) was introduced by Senator Mitt Romney (R-UT) and is co-sponsored by Senator Joe Manchin (D-WV). Follow link to read more. https://bit.ly/4alugMQ