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Wednesday, May 1, 2024

2010 Pay Raise Proposal, 2.9% for for Military Members

During this time of cutbacks and layoff’s etc in the private sector, the DOD is itself cutting back on programs, aircraft, ships etc.

One thing that won’t be cut back next year at least, the President has proposed a 2.9% pay increase and improved benefits for all Active and Reserve servicemembers.

Military Pay Raise

Military Pay Raise

2.9% doesn’t seem like much but with everything going to heck in a handbasket on the outside of the military, it seems the current administration wants to take care of the folks and their families who are serving all over the world.

This matches the private sector growth but does not exceed like in the last few years, which has had a half point above the private sector at the minimum.  Right now the gap between the Civ and Military pay is pegged at 2.9% which this matches.

Understand, this is just the proposal, it now has to be seen what happens when it goes to congress, as they hash the budget.

Look here @ Corpsman.com and we will keep you updated.

To Look at the Totals of each paygrade with 2.9% goto: http://www.navycs.com/2010-military-pay-chart.html

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