Legislation sponsored by Congresswoman Virginia Foxx (NC-05) today passed the U.S. House of Representatives. H.R. 6073, the Electronic Pay Stub Act, gives federal employees the option of receiving their pay stubs electronically. The
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Bill will save millions of taxpayer dollars each year and protect federal employees from identity theft.
Legislation sponsored by Congresswoman Virginia Foxx (NC-05) today passed the U.S. House of Representatives. H.R. 6073, the Electronic Pay Stub Act, gives federal employees the option of receiving their pay stubs electronically. The legislation promises to save the federal government millions of dollars each year and deliver employee pay stubs faster and more securely.
“Moving to all electronic pay stubs is a common sense step for the federal government to take,” Foxx said. “This legislation gives every federal employee the opportunity to receive their pay stub via a secure web site instead of in the mail. It will save millions in taxpayer dollars, dramatically reduce paper consumption and reduce the risk of identity theft for federal employees.”
Many private companies, corporations and state governments like Florida, Idaho, Kentucky, South Dakota and Nebraska offer the option of accessing employee pay stubs electronically (e-stubs). Until now the federal government has not offered this option to all federal employees. Giving federal employees the option of accessing their pay stubs electronically will save taxpayers millions every year. In fact, a study conducted in Idaho found that paper stubs cost ten times more than e-stubs: $.30 vs. $.03.
E-stubs not only save money and paper, they are also safer than sending pay stubs via ground mail, reducing the chance of them getting lost or falling into the wrong hands. Employees who receive electronic pay stubs will be able to instantly access their pay information with considerably less risk of this information falling prey to identity thieves.
“Federal employees should be allowed the option of accessing their pay stubs electronically and this bill will allow them to do just that,” Foxx said. “It’s time to make the process of receiving pay stubs faster, safer and less costly to taxpayers.”
H.R. 6073 is the second substantive bill authored by Foxx that has passed the House of Representatives. Her first bill, the HERO Act, was signed into law on Memorial Day 2006. The HERO Act changed the law to allow members of the armed services to save for retirement by investing their combat pay into Individual Retirement Accounts.
