Va Employee Cola 2024

Va Employee Cola 2024. Actual 2024 federal pay raises for civilian employees will range from 4.7% to 5.7%, depending on where they work. The code of virginia caps the annual cola at a 3% maximum for plan 2 and hybrid retirement plan members, or a 5% maximum for plan 1 members.

The code of virginia caps the annual cola at a 3% maximum for plan 2 and hybrid retirement plan members, or a 5% maximum for plan 1 members. President joe biden signed an executive order implementing an average 5.2% federal pay raise for most civilian employees in 2024, the final step needed to.