Opm 2025 Pay Periods Changes. The annual rate providing the highest entitlement (shown in bold font) is used to calculate the employee's hourly rate in. Opm finalizes locality pay areas for 2024.
Now with the 2% federal pay raise for 2025, pay compression is affecting 37 of the 58 — or about 64% — of locality pay areas. Basic pay and premium pay for that pay period would also be included in applying the annual premium pay cap for 2025.