ASMC TIMES - Home - ASMC Cleveland

5
By: Stephanie Paschel
Updated CDFM Renewal Requirements
In an effort to continue to increase the value and distinction of the
Certified Defense Financial Manager (CDFM) designation, the
ASMC is adding a new requirement to the certification renewal
process.
Two of the 80 required CPEs for CDFM renewal must now come
from ethics training. If ethics training is already included in your
agency’s/organization’s professional development requirement, it
can also be used to fulfill this new CDFM renewal requirement.
For more information visit: http://www.asmconline.org/certification/cdfmforms/renewal/
White House Planning to Propose Small
Pay Increase for Civilian Federal Employees
The White House is planning to propose a 0.5 percent pay increase for civilian federal employees in its 2013 budget
proposal, the Washington Post reported Friday. The proposal was confirmed by two senior administration officials
who are familiar with the plan, the paper said.
A federal pay freeze with continued raises for within-grade step increases and promotions has been in effect since
late 2010. The proposal would require Congressional approval to take effect.
Senior administration officials also told the Washington Post that "a permanent pay freeze is not an acceptable policy.
While modest, a 0.5 percent increase reflects the belt-tightening we must do in these difficult times."
The proposal would save approximately $28 billion over the next ten years and $2 billion in fiscal 2013, the officials
said.
However, the pay increase would be less than the rate of inflation. The cost-of-living adjustment (COLA) for Social
Security recipients this year was 3.6 percent. The COLA is based on Consumer Price Index increases.
Federal leaders had mixed reactions to the proposal.
The proposed 0.5 percent increase would be "wiped out" by increased health care, food and other costs, said John
Gage, president of the American Federation of Government Employees, in a statement.
While Carol Bonosaro, president of the Senior Executives Association, acknowledged the proposal was "pretty minimal,"
she also told Federal News Radio that, "These days, given the economic and political atmosphere, it's certainly
welcome."
Source: FEDManager E-Report, January 10, 2012
News From ASMC National Headquarters
Save the date for PDI 2012!
PDI 2012 will be held at the Anaheim Convention
Center May 29 - June 1, with a theme of Professionalism
in Action. Registration for PDI and the hotel reservation
system will open in early February
2012. Stay tuned to http://pdi2012.org/
for more information.