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In December 2007, the President's Pay Agent reported that an average locality pay adjustment of 36.89% would be required to reach the target set by FEPCA (to close the computed pay gap between federal and non-federal pay to a disparity of 5%). By comparison, in calendar year 2007, the average locality pay adjustment actually authorized was 16.88%.
Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. . The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Sena
Unlike the General Schedule (GS) grades, SES pay is determined at agency discretion within certain parameters, and there is no locality pay adjustment. The minimum pay level for the SES is set at 120 percent of the basic pay for GS-15 Step 1 employees ($147,649 for 2024). [ 7 ]
Until the appointment of David Shulkin in 2017, all appointees and acting appointees to the post were United States military veterans, but that is not a requirement to fill the position. When the post of secretary is vacant, the deputy secretary [ 4 ] or any other person designated by the president serves as acting secretary [ 4 ] until the ...
Normally, a senior employee of the same executive agency who is equivalent to a GS-15 or above on the federal pay scale would also be eligible, but this is believed to be unconstitutional in the case of secretaries of the federal executive departments, although this has not been tested in court.
Treasury needs to borrow to pay the bills since the US spends more than it collects in revenue, resulting in a budget deficit. The nation’s debt currently stands at $36.2 trillion. Reforms for ...
"In December, the S&P 500 Index (SPX) nearly met a measured move projection of 6118, which was targeted by a breakout in Q1 of this year. The measured move projects the uptrend from 2020-2021 off ...
Display a year or month calendar Template parameters [Edit template data] Parameter Description Type Status Year year the ordinal year number of the calendar Default current Number suggested Month month whether to display a single month instead of a whole year, and which one Default empty Example current, next, last, 1, January String suggested Show year show_year whether to display the year ...