• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

www.myfederalretirement.com

Financial Planning Resources for Federal & Postal Employees

  • FREE Newsletter
  • Pay & COLAs
  • Thrift Savings
  • Insurance
  • FERS / CSRS
  • Find A Professional
  • Workshops
  • Podcast

Federal Employees Could Get Largest Pay Raise in 10 Years

December 17, 2019 My Federal Retirement

Congressional appropriators reached an agreement Monday for a 2020 fiscal year spending package that would give federal employees the largest pay raise in a decade.

The government funding package, which would also avert a government shutdown if passed by Dec. 20, contains a 3.1% federal pay increase. The pay proposal includes an across-the-board 2.6% pay increase to civilian employees, plus an average 0.5% increase in locality pay.

The spending package is headed to the House and Senate for final approval in both chambers this week. It would also need to be signed by President Trump. The White House would then also need to issue an Executive Order so that the Office of Personnel Management (OPM) can develop the official pay tables in late December.

If passed, the 3.1% raise would be the largest increase for federal employees since 2009. In 2009, the pay raise was 3.9%. The average pay raise in 2019 was 1.9%.

Earlier this year the Trump administration recommended a 2.6% across-the-board base pay raise, however locality pay levels would have remained the same.

“Federal employees have many allies in Congress and we commend all of them for their persistence in getting House and Senate negotiators to include the average 3.1 percent raise in their final compromise spending agreement,” National Treasury Employees Union National President Tony Reardon said in a statement Monday.

Advertisement

Related:

  • 2020 Federal Pay Raise of 3.1% Proposed by House Appropriations Committee
  • White House Recommends 2.6% Federal Pay Raise for 2020
Advertisement

Primary Sidebar

Recent Must-Reads

Understanding Your TSP Investment Options: A Guide to the G, F, C, S, I, L Funds, and Mutual Fund Window

9 Free Social Security Calculators Every Federal Employee Should Know About

Footer

About Us
Contact Us
Advertise

Free Email Newsletter
Facebook
Twitter

Terms of Service
Privacy Policy
Cookies Policy

My Federal Retirement is not affiliated with the U.S. Federal Government.
Copyright © 2007-2024 My Federal Retirement. All Rights Reserved. Reproduction without permission prohibited.