Newly introduced legislation would make feds’ bonuses, pensions public
- By Sherkiya Wedgeworth
- May 22, 2019
A Georgia congressman has introduced legislation that aims to make federal employees’ bonuses and pensions transparent.
The Federal Employee Disclosure (FED) Transparency Act, introduced by Rep. Jody Hice (R), would make all federal employee bonuses publicly available and require the disclosure of federal pension records. It would also require agencies to report any performance-based bonuses over $10,000 to Congress.
“Through the FED Transparency Act, federal agencies will no longer be allowed to operate without sufficient scrutiny or oversight of payroll practices, making spending data more reliable and accessible,” Hice said in a news release.
According to Jason Pye, the vice president of legislative affairs for FreedomWorks, federal pensions are $3.5 trillion unfunded liability to taxpayers and roughly $1.1 billion is handed out in the form of bonuses to federal employees.
“Pension records are hidden from public view, leaving taxpayers in the dark on how much someone like disgraced former IRS official Lois Lerner may receive in pension benefits,” he said.
The bill would require that Congress be given an explanation as to why bonus are awarded.
“Taxpayers have a right to know this information, and the FED Transparency Act would shed light where it’s sorely needed,” Pye added.
View the bill here.