Update- Jan. 2, 2013: The bill to avert the "fiscal cliff" -- the American Taxpayer Relief Act of 2012 - passed by the Senate on December 31, 2012 and the House on Jan. 1 2013, includes a provision rejecting the 0.5% raise granted to Congress in President Obama's executive order. With final passage of the bill, there will no raise for members of Congress in 2013.
By an executive order issued December 27, 2012, President Obama later this spring will end the pay freeze for federal workers he first imposed in 2010. Also due to get raises under the order will be Vice President Joe Biden and the 535 members of the U.S. Congress.
Effective on their first paychecks after March 27, 2013, federal employees will see raises of from 0.5% to 1.0%, depending on the geographic location of their jobs. A February 2012 poll showed that the overall job satisfaction and dedication of the federal workforce had fallen to its lowest point since 2003, due largely to frustration with the three year pay freeze.
The most significant raise will go to Vice President Biden. The salary of the vice president will increase by 2.38%, from $225,521 per last year to $231,900 after the raise.
In Congress, the salaries of rank-and-file members of both the House and Senate will see the same 0.5% increase as civilian federal employees, with their annual salaries increasing by about $75 per month, from $174,000 to $174,900.
Also See: The 10 Wealthiest Members of Congress
Among congressional leadership, the salary of the Speaker of the House -currently John Boehner (R-Ohio) - will increase from $223,600 to $224,500. The salaries of the House and Senate majority and minority leaders will increase from $193,400 to $194,400.
This will mark the first pay increase for the members of Congress since they accepted a $4,700 per year, across-the-board cost of living increase in January 2009.