Obama to raise federal, military pay by 1 percent

[DonViejo]

Source: ASSOCIATED PRESS

WASHINGTON (AP) — President Barack Obama is offering civilian federal workers and members of the military a 1 percent pay increase in 2015, the same raise he offered last year citing efforts to keep government costs down during the economic recovery.

The new pay raises reflect what Obama proposed in his 2015 budget earlier this year.

Obama sent a letter Friday describing the raises to the House and Senate. The figure is lower than private sector pay increase and lower than what a government formula for raises would have provided. Obama can bypass that formula by informing Congress of his alternative plan by the end of August.

Federal employees operated under a pay freeze until January of this year when the current 1 percent pay increase took effect.

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Read more: http://www.salon.com/2014/08/29/obama_to_raise_federal_military_pay_by_1_percent/

[Yo_Mama_Been_Loggin]

1. Waiting for the Cons to scream King Obama (nt)

[father founding]

2. Financial Chaos.

They are all going to go crazy and buy up all the consumers goods. forcing price hikes for all the rest of us,

[GP6971]

3. I've been out of the military

for many years, but 1%? I guess it's better than nothing. My company suspended all COLA last year and I suspect we won't see it again.

[MannyGoldstein]

4. So a pay cut after inflation.

The austerity... It is working...

[24601]

5. "Offering" really isn't the right way to describe it. Presidents issue an Executive Order every

December to set federal government pay for the following calendar year. If they don't, the law kicks-in and federal salaries rise in accordance with the Federal Salary Council (FSC). No President has ever accepted the FSC recommendation which is calculated on the amount needed to close the gap between private sector and federal salaries. The resulting raise would bust the budget.

http://www.opm.gov/policy-data-oversight/pay-leave/pay-systems/general-schedule/federal-salary-council/recommendation13.pdf

[blkmusclmachine]

6. Give with one hand, and take away with the other.