Daily Trade News

Biden announces plans to give pay raise to federal employees


The raise would apply to some 2.1 million executive branch employees, although not to the more than 600,000 employees of the U.S. Postal Service, whose raises are set through bargaining. Cost-of-living increases for federal retirees also are determined separately, reflecting the same inflation measure used for Social Security benefits.



Read More: Biden announces plans to give pay raise to federal employees