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2.6 Percent Pay Raise Bill Passes House, Shutdown-Related TSP Withdrawals Exceed $140M, and More

January 30, 2019 / Erich Wagner

The House voted 259-161 Wednesday to approve a bill that would provide pay parity between the federal civilian and military workforces by authorizing a 2.6 percent pay raise for 2019, retroactive to Jan. 1. A companion bill was introduced in the Senate on Tuesday. Federal employee groups quickly applauded the measure’s passage.“This increase is not just appropriate but it is overdue,” said Tony Reardon, national president of the National Treasury Employees Union. “Today, the House soundly rejected the president’s pay freeze, provided parity with the military and helped federal employees keep up with the rising costs of health care, housing and other daily living expenses.”