OPM Implementing 2007 Federal Pay Raise
OPM is implementing the 2007 pay raise but no one really knows what the final figures will be.
OPM is implementing the 2007 pay raise but no one really knows what the final figures will be.
The process of determining the 2007 pay raise amount is moving along slowly. But, while the process is moving, there is no final answer on the question of how much employees will be getting in their paychecks next year.
Many federal retirees will get a cost of living boost next year of 3.3 percent. But active federal employees will get something less–perhaps the same 2.2 percent approved for military personnel or perhaps 2.7 percent.
OPM has released the COLA payment information for federal employees outside the lower 48 states.
Federal employees outside of the contiguous 48 states are paid differently than most FedSmith readers who usually get an annual raise and locality pay. OPM did a survey on housing costs in these areas outside the 48 contiguous states and has published the results.
President Bush has sent his 2007 budget to Congress with a proposed pay raise for federal employees.
President Bush signed an Executive Order late yesterday approving the 2006 pay raise for federal employees.
President Bush has signed the appropriations bill for several agencies that contains the 2006 pay raise for federal employees.
The 3.1% pay raise for federal employees is now virtually assured based on Congressional action late last week.
How have federal sector salaries compared to the private sector since 1997? Here are some statistics.