Government executive bonuses would be blocked under new bill
A bill introduced to the Senate would block senior government executives from receiving bonuses as long as sequestration cuts are in effect, Government Executive reports.
Sen. Claire McCaskill, D-Mo., introduced the bill after a OPM report indicated that $340 million in cash bonuses were doled out to members of the Senior Executive Service between 2008 and 2011.
OPM guidelines dictate that bonuses must be between 5 and 20 percent of an executive's annual salary. Awards of more than $10,000 must be approved by the agency's director.
READ MORE at govexec.com.
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