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Attachment 3

General Schedule Pay Adjustment
January 2004
(Rest of U.S. Locality Pay Area)Accessible version of Next image demonstrating a Sample Calculation

To calculate the 2004 locality rate of pay for an employee at GS-9, step 1:

  1. Increase the 2003 basic rate ($35,519) by the 2.7 percent across-the-board increase.
  2. Increase the 2004 basic rate ($36,478, as computed in step 1) by the locality pay percentage for 2004 (10.90 percent).

The resulting 2004 locality rate of pay is $40,454. The total increase is 3.90 percent, as illustrated in the chart below.

A graphic of a chart depicting a 3.90% Total Increase, a 9.62% Locality Rate in 2003 with $35,519 as GS-9, step 1, basic pay, a 10.9% Locality Rate in 2004 with $36,478 as GS-9, step 1, basic pay, and a 2.7% Across-the-board increase from 2003 to 2004.

Back to Memorandum | Attachment 1 | Attachment 2

This page can be found on the web at the following url: http://opm.gov/oca/compmemo/2004/ATT3-04.asp

 
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