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I know President proposed an average of 2.7% for Feds for 2022 but when does that take effect because budget has pushed till Feb 2022?
How much should DC area expect? I am thinking 3.5-4% range as we are already pretty behind on locality raise. |
| 3.5/4 will not happen |
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Isn't it supposed to match inflation?
Without matching inflation, we get a pay cut. |
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Typically, the President signs an executive order implementing the raise; this happens near the end of the calendar year.
Since agencies are still operating within 2021 funding levels, it means they’ll have to incorporate a pay raise within the bounds of their existing budgets. That means budgets will get tighter for agencies, at least until they pass new appropriations bills for 2022. You won’t have to wait for the raise. |
| If we don't get increases that follow our record inflation, maybe a new pres candidate will promise something better |
It typically is close to inflation, sometimes below and sometimes above. But there is no rule that it has to match inflation. Most private sector employees do not get a raise every year that accounts for inflation. |
Yes your actual buying power may go down. |
| its more politics than inflation. |
Maybe a touch above 2.7 for some. Anywhere from zero to 2,2% for capped 15s. |
| This is not a good raise, despite the bloviating praise for feds and all. |
| FEHB costs will go up. |
| 3.1 or 3.2 for DC. |
Won't be anywhere near that. |
Not for most 15s. |
Welcome to the Federal Government. There is a calculation intended to determine COLA but it’s not used. https://www.fedsmith.com/2018/09/10/federal-employee-pay-raises-inflation/ |