Monday, December 06, 2010

Federal workers will still receive raises despite pay freeze

Federal workers will still receive raises despite pay freeze The Daily Caller - Breaking News, Opinion, Research, and Entertainment
"President Obama’s proposal of a pay freeze for federal employees is a small step towards curbing government spending.

However, a closer look shows there is less to it than meets the eye.

In fact, many federal employees will still see their salaries increased."

It's even worse in the states and municipalities where automatic "step" increases combine with COI jumps to boost the already bloated pension calculation.
And don't forget that health care costs are going up far faster than public employees own contribution.

So that works out to FOUR AUTOMATIC compensation increases EVERY YEAR!

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