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Tuesday, April 17, 2012

Mileage Reimbursement

Federal employees will see an increase in the mileage reimbursement rate for employees who use their own vehicles for work, GovExec reported. The rate will increase by 4.5 cents bringing it up to 55.5 cents per mile. New rates will also go into effect for privately owned airplanes, government owned vehicles and motorcycles.The increase is in response to rising gas prices and takes effect today.

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