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When I enlisted in 88 (E-3) - $782/month, dorm room w/roomate, "all you could eat" buffet.
Now they get - $1787/month, no room mate

I left a union job in Ohio for $10.50/hour.
 
James: CSRS should come out to 1.5%, FERS the same= 1.5%.

(Although I also hear that they MAY say CSRS 1.2% due to some adjustment.
Click to expand...

Nnut: Heard a rumor of 1.2% for retires and Social Security,
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Thank you Jim and Norm..I was just wondering..appreciate your research efforts.
 
President Obama signed the Executive Order today ordering the 1% pay raise.

Obama Issues Order Implementing 1 Percent Pay Raise


As expected, President Obama issued an executive order Monday implementing a 1 percent across the board pay increase for federal employees under the General Schedule in 2014.

The salary boost is the first for the entire white-collar federal workforce since 2010. The order also implements a 1 percent pay raise for uniformed military service members.
Click to expand...

Locality pay remains unchanged- all will go to base pay raise.

More at:

Obama Issues Order Implementing 1 Percent Pay Raise - Pay & Benefits - GovExec.com
 
Kaufmanrider said:
My retirement lump sum annual leave check will be 1% higher. ;)
Click to expand...

Maybe? President Obama signed an executive order Monday giving federal employees a 1 percent across-the-board pay increase ending a 3-year pay freeze. According to the order, the pay raise will become "effective on the first day of the first applicable pay period beginning on or after January 1, 2014."
First day of the first pay period would be Jan. 12, 2014. Us 2013 retirees may be out of luck. Screwed again.
 
k0nkuzh0n said:
You sure about that? I thought congress could not change the pay of current members, only future terms.
Click to expand...
CRS Report for Congress
Prepared for Members and Committees of Congress
Salaries of Members of Congress:

Recent Actions and Historical Tables
Ida A. Brudnick
Specialist on the Congress
November 4, 2013

The Ethics Reform Act of 1989 established the current automatic annual adjustment formula,

which is based on changes in private sector wages as measured by the Employment Cost Index
(ECI). The adjustment is automatic unless denied statutorily, although the percentage may not
exceed the percentage base pay increase for General Schedule (GS) employees.
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http://www.senate.gov/CRSReports/crs-publish.cfm?pid='*2@4P\[%3A%22%40%20%20%0A
 
Scout333 said:
Maybe? President Obama signed an executive order Monday giving federal employees a 1 percent across-the-board pay increase ending a 3-year pay freeze. According to the order, the pay raise will become "effective on the first day of the first applicable pay period beginning on or after January 1, 2014."
First day of the first pay period would be Jan. 12, 2014. Us 2013 retirees may be out of luck. Screwed again.
Click to expand...
As quoted on the OPM website "In calculating a lump-sum payment, an agency projects forward an employee's annual leave for all the workdays the employee would have worked if he or she had remained in Federal service."
If I understand it correctly, the first 80 hrs. would be calculated at the old salary rate which is equivalent to 1 PP. Remaining leave would be calculated the higher salary rate. I retire on 12/31/13. My only worry is that OPM gets too efficient and calculates it and pays me before the 1st PP end. I doubt it will happen, but I guess I'll have to wait and see. 1% isn't a game changer either way. Actually, it's kind of an insult considering we haven't had a raise in 3 years.
 
jrwash said:
As quoted on the OPM website "In calculating a lump-sum payment, an agency projects forward an employee's annual leave for all the workdays the employee would have worked if he or she had remained in Federal service."
If I understand it correctly, the first 80 hrs. would be calculated at the old salary rate which is equivalent to 1 PP. Remaining leave would be calculated the higher salary rate. I retire on 12/31/13. My only worry is that OPM gets too efficient and calculates it and pays me before the 1st PP end. I doubt it will happen, but I guess I'll have to wait and see. 1% isn't a game changer either way. Actually, it's kind of an insult considering we haven't had a raise in 3 years.
Click to expand...

That sounds a little odd. So they will pay us leave accrued on lump sum annual leave days for which we will be paid??? Any recent retirees out there who were paid for lump sum annual leave amounts. Did they compute it based on your A/L balance at date of retirement or some other method? Just curious, as jr said not a game changer either way.
 
jr,

I'm confused, if your retirement date is 12/31/13, then all your pay is based off of that PP, correct?

Cause to me, that's what I read at the OPM site. Since the increase doesn't take effect until the full PP of 2014, you probably won't see the increase.

But I'm no expert.
 
Frixxxx said:
Definitely....wait until the 11th of Jan 2014. Unfortunately, this article doesn't help me....I won't leave until 2025.:blink:
Click to expand...
2025!!!!!! That the year I was scheduled to payoff my 30 year mortgage, I paid it off in 12 years. :D
 
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