(Bloomberg) — President Barack Obama will propose a 1 percent pay increase for federal civilian workers and military personnel in the fiscal 2015 budget set for release on March 4, the administration said in a statement.

The raise would cover about 2.1 million federal employees. Obama put a 1 percent increase for civilian employees in his 2014 budget after a three-year freeze. Military pay has increased each year. This year's raise doesn't include generals and flag officers, the administration said.

The pay boost "reflects the tight budget constraints we continue to face, while also recognizing the critical role these civilian employees play in our country," the White House said in the statement. "It also recognizes the sacrifices they have already made through prior pay freezes, reductions in awards, and furloughs due to sequestration last year."

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.