Today, the President sent Congressional leaders a formal letter transmitting an alternative pay plan for the calendar year 2018 pay raise for federal workers in the General Schedule. Under current law, absent congressional action to establish a pay raise, the annual, across-the-board pay raise for most federal employee pay systems is set automatically using a formula tied to the Department of Labor’s Employment Cost Index (ECI), which measures the rise in private-sector pay. However, the law also provides the President with the ability to set a different pay raise amount, which is required to be transmitted to Congress by September 1 of the preceding calendar year. Continue reading “President Issues Alternative Pay Plan for Calendar Year 2018”
Today, the President sent Congress a letter transmitting an alternative pay plan for the calendar year 2018 pay raise for federal workers.