Post by jerryfmcompushaft on Aug 19, 2012 12:39:13 GMT -5
Pay Raise: 1.4% Assured; 1.9% Unlikely
Tom Philpott | December 09, 2010
Military members are guaranteed at least a 1.4 percent pay raise effective Jan. 1, even if a bitterly divided Congress can’t pass a defense authorization bill.
What almost certainly will end, however, is an 11-year string of annual military pay increases that exceeded private sector wage growth by at least a half percentage point.
The House this summer had voted to make it 12 consecutive extra-size pay raises, by including a 1.9 percent military pay hike in its version of the 2011 defense bill, over opposition from military leaders.......... Read the rest here... .
Tom Philpott | December 09, 2010
Military members are guaranteed at least a 1.4 percent pay raise effective Jan. 1, even if a bitterly divided Congress can’t pass a defense authorization bill.
What almost certainly will end, however, is an 11-year string of annual military pay increases that exceeded private sector wage growth by at least a half percentage point.
The House this summer had voted to make it 12 consecutive extra-size pay raises, by including a 1.9 percent military pay hike in its version of the 2011 defense bill, over opposition from military leaders.......... Read the rest here... .
