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Reply to "OPM salary scale with locality pay for 2024"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]wait a minute. why did they short us $224 on the cap? Let's do math. 2023 cap = $183,500 2024 non-locality raise = 4.7 % $183,500 x 4.7% = $192,124 but the cap is only $191,900. Really opt? why short us 224? At the same time, it's only $224. still. pay me what you owe me! so the cap increased by only 4.579% vs 4.7. [/quote] Actually the increase of $8,400 (191,900 minus 183,500) divided by $191,900 = 4.377%[/quote] Wrong. 183,500 * Y = 191,900 Y = 191,900/183,500 Y = 1.0457 = 4.57% [/quote] Dang man, that’s GS-15 level math. True genius.[/quote]
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