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State and university employees also would get a 4% pay increase, up to $70,000 in salary. The typical state employee makes $50,400. Some employees would get more.
Specifically, those who are employed in a state-funded job position as of June 30 will receive a 3% raise starting July 1, when the new fiscal year begins. State employees received a 4% raise in 2023.
Also approved were $500 million to pay down debt in one of the state's employee pension funds, $250 million to finance water and sewer work, and $200 million for grants and sites to attract ...
Hilton voted to lower the state of Georgia income tax rate, [15] raise salaries for state law enforcement, [16] increase funding for qualifying private schools, and increase funding to support public education and school safety. [17] Hilton serves as the vice chair of the House Education Committee.
Gov. Brian Kemp signed a $32.4 billion fiscal 2024 state budget Friday that provides pay raises of $4,000 to $6,000 for law enforcement officers and $2,000 increases for other state workers ...
The percentage increase of the legislative pay raise depends on what all is included, but total compensation for rank-and-file legislators will be boosted from roughly $30,000 to about $58,000 a year.
In 2025, Social Security will tax wages up to $176,100, up from $168,600 in 2024. The change takes effect in January 2025, though the tax rate on those wages, 6.2 percent, will remain the same.
The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year. That amounts to around $49 more in monthly benefits for the average retiree.