Policy Impact Analysis - 117/S/3518

Bill Overview

Title: FAIR Act

Description: This bill modifies pay rates for federal employees in 2022. Specifically, the bill increases rates under the statutory pay systems and for prevailing rate employees by 4.1% and increases locality pay by 1%.

Sponsors: Sen. Schatz, Brian [D-HI]

Target Audience

Population: Federal employees

Estimated Size: 2100000

Reasoning

Simulated Interviews

Administrative Assistant (Washington, D.C.)

Age: 45 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • The pay increase is much needed, especially with the rising cost of living in D.C.
  • I think this will help me cover my children's needs more comfortably.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 8 5
Year 10 7 5
Year 20 6 5

IT Specialist (Austin, TX)

Age: 34 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • This increase helps to offset some of my mortgage pressure.
  • The locality pay adjustment is beneficial in growing cities like Austin.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 6 6
Year 5 6 6
Year 10 6 5
Year 20 5 5

Senior Analyst (San Francisco, CA)

Age: 50 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 2.0 years

Commonness: 3/20

Statement of Opinion:

  • The increase is good but not enough to cope with San Francisco's living costs.
  • Grateful for any increase - but hoping more locality adjustments come soon.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 5 4
Year 3 4 4
Year 5 4 4
Year 10 4 4
Year 20 3 3

Junior Accountant (Seattle, WA)

Age: 29 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 5/20

Statement of Opinion:

  • The locality pay increases make a real difference given the high rent in Seattle.
  • This policy shows appreciation for our hard work.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 6 6
Year 10 6 6
Year 20 6 5

Park Ranger (Salt Lake City, UT)

Age: 31 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 4/20

Statement of Opinion:

  • Though welcome, the pay raise doesn't drastically change my lifestyle.
  • Happy for the increase, but my living expenses are pretty stable.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 6
Year 20 6 6

Policy Advisor (Chicago, IL)

Age: 58 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • This increment aids better retirement savings.
  • Not a game-changer, but certainly helpful for budgeting.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 6 5
Year 5 5 5
Year 10 5 4
Year 20 4 4

Health Inspector (Miami, FL)

Age: 38 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy opens up more savings opportunities.
  • I'd like to see continuous enhancements given inflation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 6 5
Year 20 5 5

Research Scientist (Denver, CO)

Age: 26 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 5/20

Statement of Opinion:

  • A little more pay helps manage loans and debts.
  • Not huge impact, but still a positive step forward.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 6 5
Year 20 5 5

Veterans Affairs Officer (Los Angeles, CA)

Age: 42 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 1.0 years

Commonness: 3/20

Statement of Opinion:

  • The locality increase barely touches my living expenses.
  • More comprehensive reforms are needed for L.A.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 5 5
Year 5 5 5
Year 10 5 4
Year 20 4 4

Federal Air Marshal (New Orleans, LA)

Age: 37 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • This raise enhances my ability to plan for the future.
  • I appreciate being recognized through financial means.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 6 6
Year 10 6 5
Year 20 5 5

Cost Estimates

Year 1: $8000000000 (Low: $7500000000, High: $8500000000)

Year 2: $0 (Low: $0, High: $0)

Year 3: $0 (Low: $0, High: $0)

Year 5: $0 (Low: $0, High: $0)

Year 10: $0 (Low: $0, High: $0)

Year 100: $0 (Low: $0, High: $0)

Key Considerations