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The pay raise comes along with the Pentagon's higher tax-free housing allowance. Basic Allowance for Housing rates will increase an average of 5.4% when the new rates take effect on Jan. 1, 2025 ...
Another pay increase of 4.5% was given to military members as part of the 2025 National Defense Authorization Act. Earlier this year, a pay raise of 5.2% on average was given to federal employees ...
On May 22, the House Armed Services Committee approved its version of the 2025 National Defense Authorization Act, by a 57–1 vote. [6] As passed by the Committee, the bill included the Pentagon's controversial "Legislative Proposal 480", transferring Air National Guard space units to the Space Force; however, the Committee accepted an amendment proposed by Joe Wilson (R‑SC), watering down ...
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The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military service member. [3]
The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%. ... In 2025, these individuals will have to pay a little more as the ceiling on Social ...
However, previously commissioned Regular officers who resigned their commissions before retirement still faced the numerous penalties for resigning: ineligibility to fill any government job for 180 days after leaving the service, requirement to accept an indefinite Reserve commission, etc. Reserve officers on active duty simply requested ...
Social Security retirement benefits aren't the only checks getting a raise next year. ... This is a regular monthly check that could pay up to $943 per month in 2024 for qualifying individuals or ...