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

GameStop lays out vision for company — it’s not the next MicroStrategy

July 15, 2025

Uptick in CPI inflation complicates case for rate cuts

July 15, 2025

Alternatives to the Chase Sapphire Reserve

July 15, 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  How Will The Social Security Fairness Act Affect Federal Employees & Retirees?

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

Longevity Annuities: One Way to Insure Your Worst Fears Don’t Come True

July 14, 2025

Financial Optimism: Are You Too Optimistic—or Too Pessimistic—About Your Financial Future?

July 14, 2025

Marc’s Guide to Mastering Earnings Season

July 13, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Trump says he’s not going to make any stock market predictions in case there’s a ‘dip’

December 12, 2024

Best mid-cap ETFs in October 2024

October 13, 2024

BlackRock CEO Larry Fink says protectionism ‘has returned with force’

April 1, 2025
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

GameStop lays out vision for company — it’s not the next MicroStrategy

July 15, 2025

Uptick in CPI inflation complicates case for rate cuts

July 15, 2025

Alternatives to the Chase Sapphire Reserve

July 15, 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.