2023 Federal Pay Raise, Inflation, and Wishful Thinking
What are the prospects for a larger 2023 federal pay raise? Will the highest inflation in 40 years have an impact?
Federal employees under the General Schedule (GS) get an annual pay raise most years. Articles in this section are an important resource for federal employees to stay informed about their pay and any potential changes that may affect their salaries. These articles emphasize the importance of understanding the factors that contribute to pay adjustments and the broader economic context in which these decisions are made.
What are the prospects for a larger 2023 federal pay raise? Will the highest inflation in 40 years have an impact?
Two of the TSP stock funds are now in bear market territory and inflation is raging. What does history show about a federal pay raise during high inflation?
A group of over 60 House Democrats want a higher 2023 federal pay raise for federal employees than what has been proposed by the White House.
How much has the average federal employee salary changed? Do pay raises which are less than a COLA influence the number of retirements?
The White House has proposed 4.6% for the 2023 federal pay raise.
With a significant differential between a COLA and pay raise in 2022 and 2023, many federal employees are likely to retire. Here is why.
How is inflation measured? Measurement methods have changed. Those who think their decline in purchasing power is higher than reported are probably right.
Inflation is soaring. How does the inflation rate compare to 45 years of pay raises and COLAs?
Are the retirement decisions by federal employees impacted by politics and policy decisions?
Speculation about a 2023 federal employee pay raise is now underway. How about 4.6%?