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Federal Retirement News

• Anticipated Pay Raise for Federal Workers in 2024

  October 20, 2023

  Federal employees are to receive an average pay raise of 5.2% in 2024. This figure includes an across-the-board raise of 4.7%, with an additional 0.5% on average for locality adjustments. If approved (it’s expected to pass), the new pay increase will become effective on January 1, 2024. This marks the largest annual increase in salaries […]

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