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What are retention allowances and who may be paid one?

April 26, 2017allowances paid retention

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What are retention allowances and who may be paid one?

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Posted

Retention allowances are continuing (i.e., bi-weekly) payments of up to 25% of basic pay that an agency may pay to help retain an employee. Agencies may pay retention allowances to an eligible employee holding a general schedule, prevailing rate, senior level and scientific or professional, senior executive service and executive schedule position.