2024 Pay Tables Released: Federal Pay Raise Highest in 43 Years
It’s official. Federal employees will receive an average 5.2 percent pay increase next year, the highest raise since Jimmy Carter was president 43 years ago.
President Biden issued an executive order today implementing an average 4.7 percent across-the-board raise and an average 0.5 percent increase in locality pay.
You can find the Office of Personnel Management’s new pay tables incorporating the pay raise at every level of the General Schedule and for each locality pay area. The pay raise goes into effect the first full pay period of the new year. As 2023 has an extra (27th) pay period that runs into the 2024 calendar year, these increases will be reflected on the paycheck for the pay period beginning on January 14th, which will be paid out in early February for those on a biweekly pay schedule.
NTEU thanks President Biden for supporting the federal workforce with this well-deserved pay raise.
Our fight has already begun for a fair 2025 pay raise to help address rising costs and the growing gap in federal salaries as compared to the private sector, which a recent report by the Federal Salary Council showed private sector salaries were outpacing federal salaries by 27.54%.
Click on the image below for the final DC area pay increase for 2024.