Federal Insider: Bill would increase retirement pay-in

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The Washington PostThursday, April 26, 2012
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News from the Fed Page

Darkness sets in over the U.S. Capitol building hours before U.S. President Barack Obama is set to deliver his State of the Union address to a joint session of Congress on Capitol Hill in Washington January 24, 2012. Obama will pitch new initiatives on jobs, taxes and housing in an election-year State of the Union address on Tuesday as he seizes his biggest moment yet on the national stage to make a sweeping case for a second term.  REUTERS/Jonathan Ernst     (UNITED STATES - Tags: POLITICS)

Feds would have to pay more toward retirement

Federal employees would have to pay 5 percent of salary more toward their retirement benefits, phased in over five years starting in 2013.

Federal Diary

CHICAGO, IL - JUNE 22: One million dollars in $100 dollar bills is displayed at the Money Museum in the Federal Reserve Bank of Chicago June 22, 2011 in Chicago, Illinois. Established in 1914 the Chicago Fed is one of 12 regional Reserve banks that make up the nation's central bank which helps formulate the nation's monetary policy. Today the central bank said the economy will expand slower than previously thought, marking the second time this year that   Fed officials lowered their forecasts for growth.  (Photo by Scott Olson/Getty Images)

GOP wants feds to pay more

After nearly a month of stories about federal workplace scandals, we now return to the more familiar saga of House Republicans going after employee compensation.

Federal Player of the Week

Saving lives by improving traffic safety

To reduce highway deaths, Jeff Michael works on national strategies to change motorists' behavior, trying to convince them to buckle up, drive sober and keep their eyes on the road rather reading and sending text messages.

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