Senate Reaffirms Back Pay For 41 Days Of Missed Wages As Shutdown Nears End - SPDR S&P 500 (ARCA:SPY)
Benzinga·2025-11-10 09:48
As the U.S. government’s 2025 shutdown stretches into its 41st day, and several federal workers await relief, the Senate backed the funding bill to reopen the government on Monday. The stopgap measure not only funds agencies through January 2026 but reaffirms retroactive compensation for workers sidelined since Oct. 1.Back Pay Process For Furloughed & Essential Federal Workers After ShutdownAt the heart of this process is the Government Employee Fair Treatment Act of 2019 (GEFTA), a bipartisan safeguard ens ...