W
Wizard
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Found em.
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Or you can now use TapaTalk again!WWizard
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Found the 2006 pay tables.
Was moved under OCA.
http://www.opm.gov/oca/06tables/index.asp
Which is different then where it was when I bookmarked it when it first was posted.
James48843
TSP Talk Royalty
- Reaction score
- 624
Mike said:I think the distribution of locality pay needs to be scrutinized / investigated.
#1 is San Francisco - okay, that makes sense.
#2 is Houston, TX!
Locality pay is not based on "cost of living".
Since 1990 it has been based on "cost of labor" in that market.
The "employment cost index" of Houston is affected by the high number of engineers who work for contractors around NASA, and also by oil interests. So they pay private employees higher in Houston, and so the "cost of labor" is higher in Houston. That is why Houston comes out on top for locality pay.
I work at FAA. And this month, FAA annouced major reorganizations, with the intent to move people out of high locality pay areas (New york, new jersey, LA, etc), and move the positions into "rest of US" locations, with the mantra to save the money they pay for locality pay.
The real story is to try and get people at the higher end of the pay bands to leave the agency, so that they can hire people at the low ends of the pay bands.
FAA is a model for what the future of government will look like.WWizard
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TiCKed said:
Noticed most of the IT guys are gone and we now have a 1-800 number manned by contract workers.
Birchtree
TSP Talk Royalty
- Reaction score
- 143
Roll over contribution plan in my future?
Wizard,
This silver back would welcome a cash roll over plan from my defined benefits plan to a defined contribution plan - strictly voluntary. Don't you know that it is in process - that's why the infrastructure of the TSP has been upgraded to be able to handle extra load. The whole country - includiing states - are moving in this direction. I'll accept the burden of my own retirement and keep the money that I earn via investments in my family - not to mention the flexibility on taxes I'd enjoy. Uncle can save money on my back - just give it to me soon before I retire, so I can take opportunity of the approaching mega bull reign. The plan would function no differently than TSP does today, only the contributions would come from the employer - you'd be allowed two separate accounts. Both on a pretax basis and I would control the flexability of the withdrawl - potentially keeping myself in a lower bracket to benefit from other investments.
DennisSimilar threads
