Close Menu
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
What's Hot

In Trump, Harvard battle, trade schools may be an unlikely winner

May 29, 2025

NJ bank likely to report loss after two office loans sour

May 29, 2025

Former Goldman Sachs Banker sentenced to two years in prison for a role of 1MDB

May 29, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Smart SpendingSmart Spending
Subscribe
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
Smart SpendingSmart Spending
Home»Retirement»2026 Federal Pay Raise Proposed at 4.3%
Retirement

2026 Federal Pay Raise Proposed at 4.3%

February 19, 2025No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
2026 Federal Pay Raise Proposed at 4.3%
Share
Facebook Twitter LinkedIn Pinterest Email

Congressman Gerry Connolly (D-VA) and Senator Brian Schatz (D-HI) reintroduced legislation in the House and Senate that would provide federal employees with a 2026 pay raise of 4.3% percent.

If passed, the Federal Adjustment of Income Rates (FAIR) Act would give a 2026 federal pay raise including an overall average 3.3% increase in base pay with 1% for locality pay.

“The federal workforce is our country’s single greatest asset,” said Connolly. “Even after serving dutifully through a global pandemic and enduring the Trump Administration’s cruel personal attacks, unsafe work environments, pay freezes, government shutdowns, sequestration cuts, furloughs, and mindless across-the-board hiring freezes, they come to work every day in service to the American people. As we prepare for another Trump Administration and its impact on our civil servants, it is only right that they be compensated fairly.”

“Whether it’s inspecting our food, conducting medical research, or caring for veterans, federal workers play an important role in our daily lives and deserve pay that reflects that,” said Schatz. “Our bill boosts wages to keep public service jobs competitive with those in the private sector and maintain a strong and talented federal workforce.”

In a press release, Connolly’s office cited that according to the Federal Salary Council, “federal employees on average earned 24.72% less in 2024 than their counterparts in the private sector. In addition, the 2024 Office of Personnel Management’s Federal Employee Viewpoint Survey government-wide management report found that pay satisfaction rests at 59% compared to 67% in 2020.”

Both lawmakers previously introduced similar legislation for federal employee pay raises in the 115th, 116th, 117th, and 118th Congresses

See also  Down Payment Assistance Programs May Be Affected by Federal Funding Pause

The FAIR Act is endorsed by the following organizations: The American Federation of Government Employees (AFGE), the American Federation of State, County and Municipal Employees (AFSCME), the Federal Managers Association (FMA), the International Association of Fire Fighters (IAFF), the International Federation of Professional and Technical Engineers (IFPTE), the National Active and Retired Federal Employees Association (NARFE), the National Federation of Federal Employees (NFFE), and the National Treasury Employees Union (NTEU).

To read the full text of the bill, go here.

Source link

Federal pay Proposed Raise
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleDOGE Can Access Student Loan Data At The Department Of Education, Says Court
Next Article The best cash back cards with 0% intro APR offers

Related Posts

Can Saratoga Investment Corp. Maintain Its 12% Yield?

May 29, 2025

Federal Bureau Of Prisons To Expand Home Confinement

May 29, 2025

Maximizing Annual Leave & Sick Leave

May 28, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Massive Changes Proposed In New House GOP Student Loan Plan

April 29, 2025

China’s electric car boom is expected to slow down in 2025

January 14, 2025

Trump promised no taxes on Social Security benefits. here what experts say

November 7, 2024
Ads Banner

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

Stay informed with our finance blog! Get expert insights, money management tips, investment strategies, and the latest financial news to help you make smart financial decisions.

We're social. Connect with us:

Facebook X (Twitter) Instagram YouTube
Top Insights

In Trump, Harvard battle, trade schools may be an unlikely winner

May 29, 2025

NJ bank likely to report loss after two office loans sour

May 29, 2025

Former Goldman Sachs Banker sentenced to two years in prison for a role of 1MDB

May 29, 2025
Get Informed

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

© 2025 Smartspending.ai - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.