Federal Employees Cost Of Living Increase 2024. 2024 gm employee’s gs rate: Starting in january of 2024, federal employees will receive an average raise of 5.2% in their first full cycle paychecks, per president biden’s executive order.
President biden is reportedly planning to propose that federal employees receive an average 5.2% pay increase in 2024 when he releases his budget plan thursday. $18,298 + $88,520 = $106,818.
Press Release December 21, 2023.
The 2024 gs pay scale incorporates a 2024 federal pay raise with an overall average increase of 5.2%.
Starting In January Of 2024, Federal Employees Will Receive An Average Raise Of 5.2% In Their First Full Cycle Paychecks, Per President Biden’s Executive Order.
Now that the final data have been announced on the inflation rate for the third quarter of 2023, we know the 2024 cost of living adjustment (cola) for federal retirees will be.
$18,298 + $88,520 = $106,818.
Images References :
Press Release December 21, 2023.
The table below shows the federal pay raises general schedule employees will actually receive.
Now That The Final Data Have Been Announced On The Inflation Rate For The Third Quarter Of 2023, We Know The 2024 Cost Of Living Adjustment (Cola) For Federal Retirees Will Be.
Millions of federal employees will receive an average 5.2% pay raise effective january, thanks to an executive order issued by the president on thursday.