The limit for outside earned income was raised. Image: Nataliia K/Shutterstock.com
The Office of Government Ethics has issued guidance on the impact on certain ethics policies of the federal employee raise paid this month. Those limits rose with the increase in Executive Schedule rates used for pay cap purposes even though salaries payable to those under the Executive Schedule were frozen, OGE said.
One provision restricts the post-employment activities of “senior employees” at 86.5 percent of the rate of basic pay for level II of the Executive Schedule. That threshold is now $183,467.
Another sets a threshold above which certain persons not under the GS must file public financial disclosure reports of 120 percent of the minimum rate of basic pay payable for GS-15. That threshold is now $141,022.
A third limits outside earned income to 15 percent of the annual rate of basic pay for level II of the Executive Schedule. That limit is now $31,815.
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See also,
Decisions to Make about FEGLI after Retirement
Oversight of Federal Employment, Retirement Issues Ahead
The TSP 2022 Website and Unresolved Issues
The Process of Retiring: Check Your Agency’s Work