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Thread: Obama orders Federal Pay Raise of 2.1 percent

  1. #1

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    Default Obama orders Federal Pay Raise of 2.1%

    Federal Pay Raise will be 2.1% rather than the previously announced 1.6%.

    President Barack Obama gave federal employees a small parting gift by increasing the pay raise for civilian agency employees so that it equals that of Defense Department employees.

    Obama sent a new letter to Congress Dec. 8 saying he is directing all agencies to give employees a 2.1 percent pay raise for fiscal 2017. The new order supersedes the one he signed on Nov. 29 calling for a 1.6 percent pay raise for next year when combined with locality pay.

    “In my Aug. 31, 2016, submission of an alternative plan for base pay increases, I stated that the alternative plan for locality payments would be limited so that the total combined cost of the 1.0 percent across-the-board base pay increase and the varying locality pay increases would be 1.6 percent of basic payroll, consistent with the assumption in my 2017 Budget,” Obama wrote in the letter to Congress. “However, in light of the decision of Congress to provide a 2.1 percent pay increase for military personnel in 2017 and reconsideration of current and projected economic conditions, I have concluded it would be appropriate to revise my original alternative plan for locality payments so that the total combined cost of the 1.0 percent across-the-board base pay increase and varying locality payments will be 2.1 percent of basic payroll. Thus, under the revised alternative plan, the varying locality pay increases will generate costs of 1.1 percent of basic payroll.”


    More:
    Obama orders pay raise parity for all feds - FederalNewsRadio.com


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  3. #2

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    Default Re: Obama orders Federal Pay Raise of 2.1%

    Rest of the US employees get a 1% raise.
    Weatherweenie's Account Talk
    Expected retirement date: November 2023

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  5. #3

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    Default Re: Obama orders Federal Pay Raise of 2.1%

    I don't!
    09/17/2019
    CRUDE Oil
    $59.34 -$3.56

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  7. #4

    Default Re: Obama orders Federal Pay Raise of 2.1%

    Quote Originally Posted by James48843 View Post
    Federal Pay Raise will be 2.1% rather than the previously announced 1.6%.
    Always a good time to bump your TSP contribution amount 1 or 2% if you're not already maxed.

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  9. #5

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    Default Re: Obama orders Federal Pay Raise of 2.1%

    Quote Originally Posted by James48843 View Post
    [COLOR=#333333][FONT=Lato]Federal Pay Raise will be 2.1% rather than the previously announced 1.6%.
    Can't complain because it IS an increase......Just don't spend it all in one place!!
    There are 10 types of people in the world. Those who know binary, and those that don't!!
    Retired on December 31, 2018!!

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  11. #6

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    Default Re: Obama orders Federal Pay Raise of 2.1%

    My raise on my pension this year was over $200.00. Annually. WooooooHooooooo!!!!!
    WhataBurger here I come.

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