FEDS SEE RELIEF UNDER WHITE HOUSE FY15 BUDGET - March 5, 2014
Obama's fed-friendly budget blueprint
By Eric Katz, Government Executive
President Barack Obama's fiscal year 2015 budget, released March 4, calls for investments in the federal workforce, removing many cuts to benefits included in past fiscal plans. After a year of sequester cuts, furloughs, budgetary restraints, and a shutdown, the Executive Branch proposed additional funding provided to recruitment and retention. The FY15 plan also calls for managerial training, promoting leadership and engagement. The President's plan, however, also includes "right-sizing." Under the plan, agencies face workforce reductions, including a 20 percent reduction in the Department on Defense.
Previously, President Obama noted a one percent raise to be included for the federal workforce, which will be formally introduced next week, when the appendix of the FY15 budget plan is presented. Also included is a call to reform the Federal Employees Compensation Act (FECA). The Federal Managers Association (FMA) has long supported modernizing reforms made to FECA, and the President's proposal calls for a reduction of FECA benefits form 75 percent to 66 2/3 percent of income for all beneficiaries; and, establishes a FECA retirement program.