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- In 2024, the General Schedule (GS) pay rate for a GS-12, step 2 position is $76,922. When accounting for locality, the rate becomes $89,860. Additionally, there is a special rate supplement of $14,886, resulting in a total special rate of $91,8081. The proposed Federal wage increase for 2024 includes a 4.7% across-the-board increase and an average locality pay increase of 0.5%, taking effect on January 1, 20242.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.2024 GS rate: $76,922 (GS-12, step 2). 2024 locality rate: $89,860 ($76,922 x 1.1682). 2024 special rate: $91,808 ($76,922 + $14,886 special rate supplement).www.opm.gov/policy-data-oversight/pay-leave/pay …The White House formalized their proposal for a substantial 5.2% total average increase in Federal wages on August 31, 2023. This percentage is comprised of a 4.7% across-the-board increase, with an average locality pay increase of 0.5%. This pay raise will take effect on January 1, 2024, unless Congress enacts an alternate plan.www.waepa.org/resources/2024-gs-opm-pay-scales/
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