The White House And Congress Have Proposed A 4.6% Pay Raise For The Military In 2023, The Largest In Nearly Two Decades.
Note that the raise includes a 0.5% locality pay raise which means the base. Proposed active duty pay raise for 2023 proposed reserve pay. You would determine the amount of your base pay determined by the pay grade and step.
It Is Unclear How That Would Be Divvied Up.
The 2023 cola for federal retirees june 24, 2022 /by bill hoff according to the bureau of labor statistics (bls), the consumer price index for urban wage earners and clerical workers (cpi. You would then add the adjustment amount if a locality increase applies to your location. White house formalizes average 4.6% pay raise for federal employees in 2023.
In March, Biden Released His Fiscal 2023 Budget Proposal, Which Includes An Average 4.6% Pay Raise For Federal Civilian Employees.
Here’s what needs to happen for the 2023 federal employee pay raise although the biden administration and lawmakers appear set on providing feds an average 4.6% pay. The proposed pay raise is in line with the march white house budget recommendation. About 2.1 million feds will get the raise.
In Essence, It Is A Nod From The House To Go Along With The White House Request For A 4.6% Pay Raise For Federal Employees In 2023.
News for 2023 gs pay scale: The office of management and budget (omb) has told agencies to plan for a 4.6% pay rise for federal employees in 2023.