NFFE NEWS BRIEF: MAY 24-31,
2013
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NEWS ARTICLES:
President Obama Seeks to Reign in
Out-of-Control Contractor Executive Pay with
New
Proposal
May
31, 2013
At a time when federal workers have
been subject to pay freezes, furloughs, and
retirement cuts, executives at leading
government contractors have been making away
with hundreds of millions in taxpayer dollars.
How do they get away with it? Easy -
ever-increasing reimbursement rates. In fiscal
year 2011, federal contract executives were
eligible to be reimbursed upwards of $763,000
in salary - nearly twice the annual salary of
the President of the United States. This figure
has risen substantially in the last two years
because it is legally bound to an automatic
formula that gauges prevailing costs in the
industry. Because of this formula, the maximum
executive reimbursement rate to will increase
over $950,000 next year. (Full
Story)
Two Key Federal Spending Bills
Keep Federal Pay Frozen through
2014
May
30, 2013
The House Appropriations Committee
this week approved two fiscal year 2014 funding
measures which failed to include an increase in
federal pay. Though there are still other
opportunities to give federal workers a
much-needed pay adjustment, it appears the
House will remain a formidable obstacle. The
bills must be passed by both the House and
Senate, then signed by the President in order
to take effect. Regardless of process, the
early handling of these measures sets a
concerning tone for millions of federal workers
trying to make ends meet. (Full
Story)
NFFE IN THE NEWS:
Taiwan Times,
5/31/13
Taiwan's government
employees have it
easy
Chicago Tribune,
5/24/13
Budget cuts means furlough Friday
at four federal agencies
Reuters,
5/24/13
Budget cuts means furlough Friday
at four federal
agencies
Ed Schultz Show,
5/25/13
Budget cuts
means furlough Friday at four federal
agencies
The Global Post,
5/24/13
Furlough Friday hits US federal
employees
The Australian Herald,
5/24/13
Furlough Friday hits US federal
employees
The Zimbabwe Star,
5/24/13
Furlough Friday hits US federal
employees
NEWS FROM THE IAMAW:
Click
Here to Read These Stories from This Week's
Imail
Machinists Union Comes Home to
Atlanta for 125th Anniversary
GVP Michalski
Helps Launch Manufacturing Initiative at
Goodwin College
Pratt & Whitney
Announces $1 Billion Pentagon Deal
New IAM
Video Profiles ‘The American Dream’
May ‘IAM
Journal’ Now Available
New 2013 IAM
Legislative Conference Videos Available
New
CBTU President Charts ‘Path to Building
Future’
Machinists in Canada Ratify Contract
with Ludachris Hats
Texas Bus Drivers
Unanimously Approve
Contract