Hoping for a Big Raise? 53 Years of the Annual Federal Pay Raises
The annual federal pay raise interests all federal workers. Over the past 53 years, what was the highest, lowest, and average federal pay raise?
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.
The annual federal pay raise interests all federal workers. Over the past 53 years, what was the highest, lowest, and average federal pay raise?
Some federal employees will be getting a pay increase per guidance from OPM directing agencies to institute a new $15 per hour minimum wage.
A former federal employee of the year, Dr. Anthony Fauci, is worth at least $10 million. Financial records were released by a Senator after Fauci referred to him as a “moron”.
Legislation introduced in Congress would set the 2023 federal pay raise at 5.1%.
The inflation rate measured by the CPI-W went up 7.8% in 2021 reducing purchasing power of the 2022 COLA and pay raise now in effect.
Are you prepared for a bear market? Here are 10 important facts to know about these investment cycles.
These are some common reasons why federal employees fail to take advantage of the Roth option in the Thrift Savings Plan.
The start of a new year is often a good time to review your financial plans. Here are some tips for federal employees who invest in the TSP.
With a rising stock market, the number of TSP millionaires has grown significantly.
President Biden’s Executive Order on the 2022 federal pay raise impacts a number of federal employee pay schedules.