Biden Gives Feds Historic Pay Raise Ahead of 2024 Election

Published on December 27, 2023

President Joe Biden has finalized an average 5.2 percent pay raise for federal workers in fiscal year 2024—the largest increase in more than four decades. Initially proposed as part of the president’s 2024 budget plan, the pay increase includes a 4.7 percent across-the-board hike in basic pay for more than 2 million federal employees, with the rest based on comparable private-sector salaries in workers’ localities. The raises range from 4.89 percent in Houston, Texas, to 5.7 percent in the Seattle-Tacoma, Washington, area. They’re set to take effect next month. President Biden authorized the increase in an executive order he signed on Dec. 21. The following day, he signed the National Defense Authorization Act for Fiscal Year 2024, which included an average 5.2 percent raise for military personnel....

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