Federal Pay Rise and Military Pay: What to Anticipate in 2025?

• Federal employees are likely to see 2% pay raise in 2025
• Federal employees Pay Rise: How Can I Calculate my Pay for 2025?
• Military Pay Rise 2025
• Military Pay Rise 2025: How Can I Calculate my Pay for 2025?
• Final Thoughts

As we approach the year 2025 and before deciding who to vote for in November, every American is thinking about a number of questions. Will my life improve in the new year? Will I be able to provide for my family? How will the choice of a new president affect my life? In this article, we have provided projected figures for wage increases to take effect on January 1, 2025 under the plan of Acting President Joe Biden. In addition, we presented a plan for the development of the US economy if Trump wins the election.

Federal employees are likely to see 2% pay raise in 2025

In his address at the end of August this year, America’s President JL Biden made clear his plans to improve the welfare of citizens in the coming year. One of the topics touched upon was the federal pay raise in 2025.

There has been promised 1.7% rise for federal employees plus 0,3% for the local pay rise (total is 2%). At the same time many financial specialists are quite skeptic about the news. And there’s a reason for it.   While it is unknown how much inflation will decrease between today and the end of the year, it cannot be neglected that the pay raises will not be enough to keep up with the cost of living. As of July 2024, annualized U.S. inflation was 2.9%, according to the updated Consumer Price Index.

Inflation has been steadily declining in recent years. July’s consumer price index showed annual inflation falling below 3% for the first time in three years.

With inflation falling, pay raises will not be anywhere near as large as in past years. Federal employees got a 4.6% pay raise at the end of 2022 and a 5.2% raise at the end of 2023.

In general, it should be noted that pay raises in 2025 are noticeably smaller in percentage terms than in previous years.

Federal employees Pay Rise: How Can I Calculate my Pay for 2025?

According to the official statistics, civilian federal government employees earn average salaries ranging from $15,278 to $269,735, depending on their occupation. Let’s imagine that you earn $15,278. By means of simple mathematical actions we multiply 2 by 15, 278 and the received sum is divided by 100. We get 0.305. To 15,278 add 0,305. So your estimated salary in 2025 will be 15,583$.

Military Pay Rise 2025

According to the latest official data, the military is also expecting a pay raise in the coming year. In this case, there are two categories of military personnel and each category has its own increase:

• 4.5% pay raise is aimed at all troops ranked E-4 and above, including officers.
• 5.5% pay raise is targeted for enlisted service members, ranked E-3 and below.
• 15% pay increase for E-1 through E-4.
• 7% pay increase for E-5s.
• 1% pay raise for E-1 through E-3.

Military Pay Rise 2025: How Can I Calculate my Pay for 2025?

Let’s do your rough calculation. Let’s say you’re ranked E-4 and above. Your current salary is $2,634 per month. To calculate your projected salary in 2025, you need to multiply your current salary by 1.045. Thus the expected amount in 2025 is $2,752. If your rank is E4, multiply the current salary by 1.055.

To get more details about budget planning for America it is advisable to get acquainted with a current presidential plan downloaded at https://www.whitehouse.gov/wp-content/uploads/2024/03/budget_fy2025.pdf.

What is in Store for Americans if Donald Trump Becomes President of the United States again?

Donald Trump’s position is that the U.S. should distance itself from general global processes and retreat into domestic problems. He is convinced in the necessity ofIt developing the economy independently.  America is first and foremost, rather than its domination, no matter how paradoxical it may sound.

It is anticipated that the politician will take the domestic course on the migration issue, which he is actively using in his election campaign. What concerns Trump’s attitude towards national economy and wellbeing of Americans, he is supposed to continue the “crusade” against the growing US national debt. The politician will also fight for a high rate of growth of the US economy, the “revival” of American industry, increasing employment and business investment, reforming the healthcare system, as well as against unemployment, poverty and crime in the state.

Final Thoughts

At this stage, it is quite difficult to speculate on what 2025 as a whole is expected to be for America. Certainly not an easy one. There are several options for development. Each has its own nuances. Very soon we will determine the choice of our country. In the meantime, there’s still time to think and decide.