Biden Proposes Base Pay Rise of 4.7% for Federal Employees

Aug. 31, 2023, 6:13 PM UTC

President Biden proposes pay adjustments for certain civilian federal government employees beginning January 2024.

  • “I have determined that for 2024, the across-the-board base pay increase will be 4.7% and locality pay increases will average 0.5%, resulting in an overall average increase of 5.2% for civilian Federal employees, consistent with the assumption in my 2024 Budget,” Biden says in his letter

To contact the reporter on this story:
Michael Bruning in Washington at mbruning2@bloomberg.net

To contact the editor responsible for this story:
Megan Howard at mhoward70@bloomberg.net

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