2023 Federal Pay Raise: Does Omnibus Spending Bill Provide a Bigger Raise?
Will Congress provide an additional amount for a 2023 federal pay raise? At this point, that is highly unlikely.
Get the latest federal employee pay news, including updates on federal pay raises, GS pay scale changes, locality pay, and federal compensation policy. Stay informed on TSP news, TSP fund performance, contribution limits, and investment updates. This category also covers FEHB premiums, FEGLI rates, FEDVIP dental and vision benefits, and major OPM policy changes, federal workforce legislation, and other developments that impact federal employee pay, benefits, and take‑home compensation.
Will Congress provide an additional amount for a 2023 federal pay raise? At this point, that is highly unlikely.
TSP performance in 2022 has been dismal going down to the last few days of December.
What are special rates for federal employees and how are they related to the GS locality pay rates? Does the 2023 federal pay raise apply to the special rates?
The President’s Pay Agent has issued a report for 2023 GS locality pay and approved recommendations for 2024 GS locality pay that will add about 32,000 more to the locality pay system.
These are income options for federal employees who are unable to work due to disability.
How does an area become part of a GS locality pay area? Which regions have requested to be added to GS locality pay areas and what is their status?
While the anticipated 2023 federal pay raise is 4.6%, on average, inflation has slowed to an annual increase of 7.1%.
New GS locality pay areas may mean higher salaries for as many as 16,000 federal employees in about 190 jurisdictions. Where are these new locations?
The TSP has released its 2022 end-of-year processing schedule.
A 2023 locality pay report recommends changes that would increase pay for about 16,000 federal employees if adopted.