A bill to increase the rates of pay under the statutory pay systems and for prevailing rate employees by 4.3 percent, and for other purposes.

Bill 119 s 126, also known as the "Pay Raise Act," is a piece of legislation that aims to increase the rates of pay for employees under the statutory pay systems and prevailing rate employees by 4.3 percent. The bill does not specify which specific pay systems or employees will be affected, but it is likely to impact a wide range of federal workers.

The purpose of this pay raise is to provide a boost in income for federal employees to help them keep up with the rising cost of living. This increase in pay is intended to reward federal workers for their hard work and dedication to serving the American people.

In addition to the pay raise, the bill may also include provisions for other purposes that are not specified in the summary. These additional purposes could range from changes in benefits for federal employees to adjustments in the way pay rates are determined. Overall, Bill 119 s 126 is a straightforward piece of legislation that seeks to provide a modest increase in pay for federal employees. It is important to note that this bill is still in the early stages of the legislative process and may undergo changes before it is passed into law.