The 2022 federal employees pay raise is a cost-of-living adjustment (COLA) that was approved by President Biden in December 2021. The raise, which took effect in January 2022, is the largest pay increase for federal employees in over a decade.
The pay raise is important for a number of reasons. First, it helps to ensure that federal employees are able to keep up with the rising cost of living. Second, it helps to attract and retain qualified employees to the federal workforce. Third, it helps to boost the economy by increasing consumer spending.