Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Sales Consultant

DWC - The 401(k) Experts
(Remote)

DWC - The 401(k) Experts logo

Retirement Plan Administrator

Frank Pension Consultants, Ltd.
(Lincolnshire IL)

Frank Pension Consultants, Ltd. logo

Defined Contribution Account Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Plan Administrator II

DWC - The 401(k) Experts
(Remote)

DWC - The 401(k) Experts logo

Plan Consultant II

MAP Retirement
(Remote / Jacksonville FL)

MAP Retirement logo

Relationship Manager - Defined Contributions

Daybright Financial
(Remote)

Daybright Financial logo

Retirement Plan Onboarding Specialist

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Pension Administrator

PPS Pension Services
(Remote / Williamsville NY / Hybrid)

PPS Pension Services logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Transition to Pay for Performance Makes Some Federal Employees Anxious
The Washington Post; subscription may be required Link to more items from this source
Oct. 31, 2006
Excerpt: Over time, performance pay may affect a worker's pension. Part of the formula used to set federal pensions involves multiplying years of service by a percentage applied to the 'high-3' -- the average of the three highest-paid years of consecutive service. Under the pay-for-performance systems, the employee with high ratings should have an enhanced high-3, while employees with lower job ratings will see a smaller high-3.

MORE >>

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).