Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

marmar

(79,521 posts)
Mon May 20, 2013, 07:16 AM May 2013

Despite sequester, high-level federal executives slated to get bonuses [View all]


By Lindsay Wise | McClatchy Washington Bureau


WASHINGTON — An elite group of federal employees is set to receive cash bonuses despite this year’s automatic budget cuts, according to a report that a Senate subcommittee issued Friday.

The report revealed that members of the government’s highly paid Senior Executive Service _ who make up less than 1 percent of the federal workforce _ had received more than $340 million in bonuses from 2008 through 2011. The bonuses came on top of annual salaries that ranged from $119,000 to $179,000.

In a process known as sequestration, $85 billion in across-the-board federal spending cuts took effect March 1, forcing the government to slash services and furlough workers. A month later, the Obama administration froze bonuses for the vast majority of federal workers.

But by law, agencies still must pay bonuses to Senior Executive Service employees who meet certain performance criteria, the report said. ....................(more)

The complete piece is at: http://www.mcclatchydc.com/2013/05/17/191611/despite-sequester-high-level-federal.html#.UZoTuDcrTTp#storylink=cpy



2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Of course, everything is "by law" Puzzledtraveller May 2013 #1
Duh!! darkangel218 May 2013 #2
Latest Discussions»General Discussion»Despite sequester, high-l...