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Reply to "1% Fed Pay Raise"
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[quote=Anonymous][quote=Anonymous]Is the paycap raised?[/quote] The pay cap will also increase by 1% if the pay plan goes through. The cap is tied to the non-locality portion of the raise; because the 1% has no locality portion, the cap would increase by 1%, rounded to the nearest $100. If my math is right, that means the cap will be $197,200 next year (unless congress says different).[/quote]
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