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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