Federal

FAIR Act

Source: Congress.gov · 407 words in original text

What This Bill Does

This bill increases pay for federal employees in 2024. It raises basic pay for workers in the statutory pay systems (the standard federal pay structure) and prevailing rate employees (federal workers paid based on local wage surveys). The bill also increases locality pay adjustments (extra pay given for working in high-cost areas).

Who It Affects

Federal employees working under statutory pay systems in 2024 Prevailing rate employees (federal workers paid based on local wage surveys) in 2024 Federal workers receiving locality pay adjustments in 2024

Key Provisions

• Basic pay for federal employees under statutory pay systems increases by 4.7 percent in calendar year 2024 (Sec. 2(a)) • Basic pay for prevailing rate employees in each wage area increases by 4.7 percent in fiscal year 2024 (Sec. 2(b)) • Locality pay adjustments increase by 4.0 percent in calendar year 2024 (Sec. 3)

What Changes

If this bill becomes law, federal employees will receive pay raises in 2024. Employees under the statutory pay system and prevailing rate employees will see their basic pay increase by 4.7 percent. Workers receiving locality pay will see that additional pay increase by 4.0 percent.

Important Definitions

Statutory pay systems: The standard federal employee pay structure Prevailing rate employees: Federal workers whose pay is based on local wage surveys Locality pay: Extra pay given to federal workers in high-cost areas

Effective Date

Calendar year 2024 and fiscal year 2024

I 118TH CONGRESS 1ST SESSION H. R. 536 To increase the rates of pay under the statutory pay systems and for prevailing rate employees by 8.7 percent, and for other purposes. IN THE HOUSE OF REPRESENTATIVES JANUARY 26, 2023 Mr. CONNOLLY (for himself, Ms. SPANBERGER, Mr. TRONE, Mr. SARBANES, Mr. POCAN, Ms. NORTON, Ms. VELA´ZQUEZ, Ms. WEXTON, Mr. HUFFMAN, Ms. BONAMICI, Ms. MOORE of Wisconsin, Ms. SA´NCHEZ, Mr. RASKIN, Ms. STANSBURY, Mr. DAVIS of Illinois, Mr. TONKO, Mr. SCOTT of Virginia, Mr. MFUME, Mr. BEYER, Mr. RUPPERSBERGER, Ms. TITUS, Ms. BROWN, Mr. KILMER, and Mr. EVANS) introduced the following bill; which was referred to the Committee on Oversight and Accountability A BILL To increase the rates of pay under the statutory pay systems and for prevailing rate employees by 8.7 percent, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Federal Adjustment 4 of Income Rates Act’’ or the ‘‘FAIR Act’’. 5 VerDate Sep 11 2014 23:16 Feb 08, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H536.IH H536 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 536 IH SEC. 2. ADJUSTMENT TO RATES OF PAY. 1 (a) STATUTORY PAY SYSTEMS.—For calendar year 2 2024, the percentage adjustment under section 5303 of 3 title 5, United States Code, in the rates of basic pay under 4 the statutory pay systems (as defined in section 5302 of 5 title 5, United States Code) shall be 4.7 percent. 6 (b) PREVAILING RATE EMPLOYEES.—Notwith- 7 standing the wage survey requirements under section 8 5343(b) of title 5, United States Code, for fiscal year 9 2024, the rates of basic pay (as in effect on the last day 10 of fiscal year 2023 under section 5343(a) of such title) 11 for prevailing rate employees in each wage area and the 12 rates of basic pay under sections 5348 and 5349 of such 13 title shall be increased by 4.7 percent. 14 SEC. 3. ADJUSTMENT TO LOCALITY PAY. 15 For calendar year 2024, the percentage adjustment 16 under section 5304 of title 5, United States Code, shall 17 be an increase of 4.0 percent. 18 Æ VerDate Sep 11 2014 23:16 Feb 08, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H536.IH H536 kjohnson on DSK79L0C42PROD with BILLS

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