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- 5.2 percentLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The White House issued an Executive Order Thursday finalizing the 2024 federal employee pay raise of an overall average of 5.2 percent. The 2024 GS pay schedules are effective the first day of the first applicable pay period beginning on or after January 1, 2024 (January 14, 2024, based on the standard biweekly payroll cycle).www.myfederalretirement.com/federal-pay-raise/Under Biden’s plan there will be 4.7% across-the-board pay raise plus an average of 0.59% locality increase depending upon where you work. This gives a total 2024 GS pay raise of 5.29%.www.federalpay.org/articles/2024-official-gs-pay-sc…
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