Cola Increase 2024 For Government Employees. The pay cap for some. As inflation cools, the cola for 2025 could shrink from this.
The gs pay table incorporates a base pay increase of 4.7% and an additional 0.5% for locality pay. For the year 2024, annuitants who retired under csrs will receive 3.2 percent increase and those who retired under fers will receive a 2.2 percent increase.