House Budget Plan Federal Employees

Essential Aspects of the House Budget Plan for Federal Employees

The House of Representatives recently released its proposed budget plan for the upcoming fiscal year. This plan includes several provisions that would impact federal employees, including changes to pay, benefits, and retirement.

One of the most significant proposed changes is a 3.2% pay increase for federal employees. This increase would be the largest in over a decade. It would also be larger than the 2.6% increase that was proposed by the Biden administration.

In addition to the pay increase, the House budget plan also includes several provisions that would improve federal employee benefits. These provisions include:

Expanding access to paid parental leave
Increasing the amount of time that federal employees can use for sick leave
Improving the retirement benefits of federal employees

The House budget plan also includes several provisions that would reduce the costs of federal employee benefits. These provisions include:

Increasing the employee contribution to the Federal Employees Health Benefits Program (FEHB)
Raising the age at which federal employees can retire with full benefits
Reducing the cost-of-living adjustments (COLAs) for federal retirees

The House budget plan is still under negotiation. It is possible that some of the provisions that are included in the plan will be changed before it is finalized.

The House budget plan would have a significant impact on federal employees. The pay increase and the improvements to benefits would be welcome news for many employees. However, the reductions in benefits would be a disappointment for some employees.