20-161F 20-161F . . . Executive Officer One-Year Incentive Plan under which each participant receives a cash award that is determined by a two-step process which considers both the performance of the corporation as a whole during the year and the individual performance of the participant
District of Columbia Executive Officer One-Year Incentive Plan
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US-CC-20-161F
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100 percent employer funded: 5 percent of the base salary (5.5 percent for Corrections Officers) beginning the first pay period after one year of service. Must have one year of continuous service to participate; fully vested in the Defined Contribution Pension Plan after five years of continuous service.
CSRS covered employees contribute 7 or 7.5 percent of pay to CSRS and do not pay Social Security retirement, survivor, and disability (OASDI) tax. CSRS employees generally do not pay the Medicare tax (currently 1.45 percent of pay), unless they separate from the District government and are rehired after March 31, 1986.
Civil Service Retirement System AgeYears of ServiceType of Retirement6020Voluntary625 or MoreVoluntaryAny Age5 or MoreDisability*5020Early Out2 more rows
Since this percentage is above the 3% cap applicable to police officers and firefighters hired on or after November 10, 1996, and their survivors, their COLA effective March 1, 2023 is 3.0%.
News for 2024 GS Pay Scale: NEW: White House Formalizes 2024 Federal Pay Raise - The across-the-board base pay increase will be 4.7 percent and locality pay increases will average 0.5 percent, resulting in an overall average increase of 5.2 percent more?
Mayor of the District of ColumbiaInaugural holderWalter WashingtonFormation1973SalaryUS$250,000Websitemayor.dc.gov6 more rows
Each paycheck shows your most recent LEI. LEI shows when you received your most recent Within Grade Increase (WGI); WGIs occur every year for Steps 1-5 and every two years for Steps 6-10.