Mar 9, 2023 · The 2023 pay raise — which went into effect just over two months ago — was 4.6%. Combined with the 2024 proposal, troops would see almost a 10% increase in take home pay over a two-year stretch.
May 10, 2018 · The president, we were told, meant to say it was the largest pay raise. Basic pay for the military did increase by 2.4 percent on Jan. 1, 2018 — the largest in eight years.
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Mar 11, 2010 · So, this viral Facebook update is correct that Obama proposed a 1.4 percent pay increase for military personnel in 2011. Depending on the time frame, it's the smallest since 1973 or 1962.
Our current estimate of the upcoming 2024 military pay raise is % (see below for details). This table lists the yearly across-the-board military basic pay raises since 2004. You can also calculate the effective income with our powerful Military Pay Calculator.
Dec 23, 2022 · The 2022 military pay raise sat at 2.7%. That expected 2023 pay raise, which represents about $1,300 more over the course of the year for many junior troops and $2,500 for senior enlisted and ...
Additional targeted increase totaling 4.6% for a limited number of pay grades effective April 1, 2007. Added longevity raises at the 30, 34 and 38 year mark for only the most senior enlisted and officer pay grades. Pay raise as indicated for all pay grades except O-7 through O-10 which were frozen at 2014 levels.
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