Federal Adjustment of Income Rates Act or the FAIR Act
This bill increases the rates of basic pay for federal employees under the statutory pay systems (relating to the General Schedule, the U.S. Foreign Service, and the Veterans Health Administration) and for prevailing rate employees by 3.9% for FY2017.
The percentage adjustment for locality-based comparability payments for calendar year 2017 shall be an increase of 1.4%.
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