Locality Pay For 2024. These are the changes federal employees can expect in 2024. This consists of a general schedule (gs) base pay increase of 4.7% and a 2024 gs locality pay increase of 0.5%.
Employees who are covered by a special rate schedule are entitled to the applicable special rate within that schedule unless they are entitled to a higher rate of basic pay under other authority (e.g., a higher locality rate or a retained rate). The white house formalized their proposal for a substantial 5.2% total average increase in federal wages on august 31, 2023.