Aug. 23, 2012 – The president this week announced continued limits on the growth of federal civilian salaries for 2013 that are expected again to help limit the pace of salary increases at NCUA.
The last federal pay freeze was issued to cover 2011 and 2012. That action affected federal workers’ whose salaries were not set by Congress, including NCUA employees. NCUA determined that it applied to the approximately 200 positions that were not subject to collective bargaining.
Later, NCUA and the National Treasury Employees’ Union signed a three-year collective bargaining agreement. The agreement's provisions for merit pay and locality adjustments do not apply in years when a U.S. civil service pay freeze is declared.
The president’s recent determination, issued Tuesday, sets an across-the-board cap on pay increases for 2013 at 0.5 percent. The current locality pay percentages, as set in the previous order, will remain at 2012 levels, the president said in a letter to House and Senate leaders.
NCUA’s 2012 budget was set at $236.9 million, up $11.5 billion from 2011, but was adjusted down by about $2 million by the agency’s board in July in the mid-year budget reprogramming.