12,000 More Troops Based in US to Get Cost-of-Living Allowances in 2024 About 17,000 service members will receive a total of about $26 million in CONUS COLA payments in 2024.
New Arctic Pay for Troops Was Passed by Congress a Year Ago. But the Pentagon Waved It Off. More than a year after it was passed in the 2023 National Defense Authorization Act, the Pentagon has not enacted a new...
5 Ways to Prep Your Military Finances for 2024 Annual increases in pays and allowances give military service members the opportunity to do a financial reset every year...
Biden Signs Law Backing Military Pay Increase for 2024. Here's How Much More You’ll Get. Current troops get a big bump in basic pay for the second year in a row in 2024. Veterans receive an above-average increase...
Aviator Retention Bonus The Aviation Retention Bonus is for pilots who agree to continue in flying duties after their original service commitment.
Historical Military Pay Rates The Defense Finance Accounting and Service (DFAS) maintains an archive of historical pay charts dating back to 1949.
Biggest Military Pay Raise in 20 Years Heads to Biden's Desk for Signature as Part of Annual Defense Bill The sweeping defense policy bill that locks in a 5.2% pay raise for service members next year is on its way to President Joe...
Back Pay Floated for Officers Whose Promotions Were Delayed by Tuberville While Handful Still Await Confirmation The bill comes as a couple of dozen officers are still waiting to be promoted despite the Senate clearing 425 nominees from...
Biggest Military Pay Raise in 2 Decades Finalized in Newly Released Defense Bill Service members will get a 5.2% pay raise come January under the compromise annual defense bill unveiled Wednesday night.
Tax-Free Pay, 2-Year Leave of Absence for Parents Among Ideas Being Floated by House's Military Quality-of-Life Panel The quality-of-life panel was formed this congressional session to provide recommendations that could be included in next...
Federal Government Shutdown Grinds into a Second Week as Tempers Flare at the Capitol As the federal government shutdown enters a second week, there’s no discernible endgame in sight.
Trump Targets Blumenthal, Calling for Investigation into Senator's Vietnam Service Claims President Donald Trump is targeting U.S. Sen. Richard Blumenthal again after Connecticut’s senior U.S. senator grilled U.S...
At 50, He Survived Marine Boot Camp — Then Fought at Peleliu and Okinawa When 50-year-old Paul Douglas showed up at Marine Corps boot camp in 1942, the white-haired economics professor looked more...
Ukrainian Drones Attack Russian Cavalry Troops in Rare 21st-Century Encounter A short video circulating online this month appears to show a Russian mounted patrol being struck by a Ukrainian drone near...
When The Government Can Afford Everything Except The Essentials Every shutdown forces the government to decide what counts as “essential.” Air traffic controllers and TSA agents fall into...
