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[TSP_Strategy] Re: Trump OKs 2.6% Pay Raise for 2020

 

the 24.01% is a little misleading - that was the proposed % increase to the % of your sal that is locality based.  Check out the formula they use up on the OPM website - not exactly super clear.  

No, the original formula for locality pay was to raise fed pay a given percentage each year unless the President says there is an emergency requiring that feds receive less.  So each year, the Pres has acted to ensure that it is less.  (Clinton on....)

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Posted by: sarah_oz@yahoo.com
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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