Wednesday, December 31, 2008

It's Pay Raise Time For U.S. Troops

From Military.com:

WASHINGTON -- Troops worldwide will receive a 3.9 percent pay raise starting on Thursday, but Defense Department civilian employees working overseas will see only a 2.9 percent bump in their paychecks.

Under rules outlined by the White House two weeks ago, all stateside civilian federal workers will receive a pay raise of at least 3.5 percent: a 2.9 percent basic pay raise plus at least another 0.7 percent locality pay raise.

Workers in 37 metropolitan areas will see an even greater increase, because of the high cost of living there and the large disparity between government and private sector wages.

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