Because today is a federal holiday, federal workers have the day off, but beginning next week, they’re getting a pay raise ranging from 4.4% to 5.2%.
Those working in the Washington-Baltimore area get a 4.86% boost. President Joe Biden signed that pay raise into law late Friday. It gives 2.2 million federal employees a pay increase. It’s the largest pay increase since 2002, but it barely keeps up with inflation.
The raise is separate from cost-of-living adjustment to be paid in January to federal retirees. Those people get an increase of either 8.7% or 7.7% depending on their retirement system. That’s an effort to keep up with the worst inflation in forty years in the US.
