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Wednesday, January 11, 2012

Wash DC: ''Proposed Federal pay raise draws ire from all sides''

read more from federal times...

"Most federal employees would barely notice President Obama's proposed 0.5 percent pay raise in their paychecks in 2013.

A GS-9, Step 1 employee in the Washington area, who now receives a before-tax annual salary of $51,630, would get a $258 raise in 2013 under Obama's plan. That would translate to an extra $10 in that employee's paycheck every two weeks — and that's before taxes and other deductions are taken out.

Even the highest-paid General Schedule employees in the GS-15 grade, earning the maximum $155,500, would only see their before-tax biweekly paychecks go up less than $30."

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