4.6% 2023 Pay Raise Moves Along and Senate Action on Pay Freeze
The 2023 pay raise is moving and still at 4.6%. Action is also taking place in the Senate on removing the long pay freeze for some senior officials.
Pay Raise
2023 Federal Pay Raise Takes Another Small Step Forward
A key spending bill makes another case for a 4.6% 2023 federal pay raise.
Some Federal Employees Could Get Inflation Bonus in 2023
A draft bill in Congress is proposing paying some federal employees a 2023 inflation bonus to help offset rapidly rising inflation.
2023 Federal Pay Raise, Inflation, and Wishful Thinking
What are the prospects for a larger 2023 federal pay raise? Will the highest inflation in 40 years have an impact?
High Inflation and A Bear Market: Will “Double Whammy” Impact 4.6% Proposed Pay Raise?
Two of the TSP stock funds are now in bear market territory and inflation is raging. What does history show about a federal pay raise during high inflation?
Lawmakers Push for 5.1% 2023 Federal Pay Raise
A group of over 60 House Democrats want a higher 2023 federal pay raise for federal employees than what has been proposed by the White House.
Average Federal Employee Salary 2010-2021: $74,307 to $93,773. With No Pay Raise, Retirements Went Up
How much has the average federal employee salary changed? Do pay raises which are less than a COLA influence the number of retirements?
President’s Budget Proposes 4.6% 2023 Federal Pay Raise
The White House has proposed 4.6% for the 2023 federal pay raise.
2023 COLA and the Long Expected Federal Retirement Tsunami
With a significant differential between a COLA and pay raise in 2022 and 2023, many federal employees are likely to retire. Here is why.
Why Your Raise or Annuity Goes Down Faster Than Inflation Goes Up
How is inflation measured? Measurement methods have changed. Those who think their decline in purchasing power is higher than reported are probably right.
