It’s Official: Wage Grade Federal Employees to Get 1% Raise
Wage grade federal employees will see a 1% pay increase with the spending bill now being signed into law.
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
Wage grade federal employees will see a 1% pay increase with the spending bill now being signed into law.
The $1.1 trillion spending bill unveiled Monday night includes a 1% pay increase for workers under the wage grade system.
Upon receiving the leave and earnings statement for the first full pay-period of 2014, many employees will notice that their premiums for Federal Employees Group Life Insurance (FEGLI) have increased. The author offers some details on what you can expect.
How does the federal pay raise compare to the average private sector raise for 2014? It is complicated but here are some broad numbers.
You may be able to acquire more FEGLI coverage by providing medical evidence of insurability or by experiencing a “qualifying life event” (QLE).
What were the most popular articles on FedSmith.com in 2013? The end of the pay freeze, vacation discounts for federal employees, and the government shutdown are some of the topics that topped the list.
Despite the recommendations of the Federal Salary Council, locality pay areas will be the same in 2014 as they were in 2013.
The president has issued an executive order that will give federal employees an across-the-board pay raise of 1% “on the first day of the first applicable pay period beginning on or after January 1, 2014.”
Those who were hoping or planning for an extra day off on December 24th should just plan on coming to work that day or taking a day of annual leave instead.
Will federal employees get an extra day off on Christmas Eve this year?