FAIR Act

This legislation aims to provide a significant pay increase for federal employees in 2027, mandating a total adjustment of 4.1 percent to their compensation. This comprehensive adjustment is designed to enhance the financial well-being of the federal workforce. Specifically, the bill directs a 3.1 percent increase in basic pay for employees under statutory pay systems and for prevailing rate employees, overriding standard wage survey requirements for the latter. Furthermore, it adds an additional 1 percent increase for locality pay, ensuring a comprehensive adjustment to federal salaries for the upcoming year.