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UPDATE (12/22/2023): 2024 Federal Pay Raise Finalized in Executive Order – 2024 GS Pay Tables now available.
The White House formalized its plan to give federal employees a 2024 pay raise of an average 5.2%.
The announcement was made Aug. 31 in a letter to Congress:
“I am transmitting an alternative plan for pay adjustments for civilian Federal employees covered by the General Schedule and certain other pay systems in January 2024.
Title 5, United States Code, authorizes me to implement alternative plans for pay adjustments for civilian Federal employees covered by the General Schedule and certain other pay systems if, because of “national emergency or serious economic conditions affecting the general welfare,” I view the increases that would otherwise take effect as inappropriate.
Accordingly, I have determined that it is appropriate to exercise my authority to set alternative pay adjustments for 2024 pursuant to 5 U.S.C. 5303(b) and 5 U.S.C. 5304a.
Specifically, I have determined that for 2024, the across-the-board base pay increase will be 4.7 percent and locality pay increases will average 0.5 percent, resulting in an overall average increase of 5.2 percent for civilian Federal employees, consistent with the assumption in my 2024 Budget.”
- SEE ALSO: 2023 Federal Retiree COLA Watch
The White House first announced its 2024 pay raise plan as part of its fiscal budget proposal, making the recommendation the largest pay increase for civilian federal workers.
The final 2024 federal pay raise tables will likely be released by the Office of Personnel Management in December.