This week's podcast features an update on the 2024 federal pay raise. Also, a look at modernization efforts at OPM.
FED15 Podcast (Ep. 03): Estimating the 2024 Federal Pay Raise
Find out why the best bets for next year’s annual raise for federal employees are 8.7% and 5.2% - and what you can do about it. Since 2016, the path of such salary increases have started in February with the RAISE Act and ended at the President’s desk via executive order.
Also, a peek at OPM’s recent modernization efforts in retirement services. Will this speed up the time it takes to process a FERS or CSRS retirement claim?
***DISCLAIMER – THIS IS NOT FINANCIAL ADVICE***
The Fed15 podcast is presented by Serving Those Who Serve, a fiduciary, fee-based financial planning firm based serving federal government employees and retirees all over the country.
This podcast is presented for information and entertainment only and is not intended to be taken as financial advice. All listeners should consult their personal advisors before taking any action. The opinions expressed therein are not the opinions of Raymond James or Serving Those Who Serve.
