Cola 2024 Salary Scales. Incorporating the 4.7 percent january 2024 general schedule increase. 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 make the salary increases.

Inflation for the social security cola is calculated annually using. Post (cost of living) allowance (dssr 220) percentage of spendable income.