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TODAY'S NEWS

White House proposal to end pay freeze draws mixed reactions

Federal employee groups pleased with recommendation to boost government pay in 2013, but say 0.5 percent raise is not enough.

White House proposal to end pay freeze draws mixed reactions

CAROLYN KASTER/AP

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QUOTE | UNQUOTE

"While a one-half of 1 percent increase is better than zero, it is still extremely modest."

Rep. Stephen Lynch, D-Mass., on President Obama's proposed 2013 pay raise for federal employees.

TSP TICKER

FUND  G  F  C  S  I
Jan 6, 2012 close $13.82 $15.33 $15.79 $20.87 $17.57
Daily Change: $0.00 $0.02 ($0.03) ($0.01) ($0.12)
This Month (%) 0.03 -0.13 1.67 1.65 -0.41
FUND  L 2050  L 2040  L 2030  L 2020  L Income
Jan 6, 2012 close $9.71 $17.79 $17.47 $17.11 $15.04
Daily Change: ($0.03) ($0.04) ($0.04) ($0.03) ($0.01)
This Month (%) 0.93 0.85 0.74 0.59 0.24
TODAY'S COLUMN

WIRED WORKPLACE

BERJAYA

By Brittany Ballenstedt

Federal Pay Edge
Salaries have been slow to grow, but feds -- especially those in IT -- are better off than their private sector peers.

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