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Tuesday, December 28, 2010

Pay freeze stops cost-of-living allowances (COLA) for two years

Article Title: Federal Employee Pay Freeze Expanded

Snippet of Article: "...the pay freeze stops cost-of-living allowances (COLA) for two years, it does not, according to the Federal Times, affect normal step increases or bonuses for those in the system. The 1.4 million federal employees on the GS scale are still eligible for increases..."

Source: www.advisorone.com 2011 COLA, 2012 COLA, Federal Employee Pay Freeze, Federal employee salaries,