Not affiliated with The United States Office of Personnel Management or any government agency

Not affiliated with The United States Office of Personnel Management or any government agency

Military to get pay boosts in 2016 too

military payWhile there were news all over the place about the recent pay raise that was awarded to all the federal employees out there, there is also good news for the military. President Obama has recently given his approval on the one percent increase that is going to be granted to the military employees. In this regard, after a few recent developments, there is going to be a further 0.3 percent increased based on the locality of the employees.

 

Military getting pay boosts:

There are a few localities that will benefit heavily in this regard. The Huntsville-Decatur-Albertville area is a little low on the scale (16.36 percent) and the scale goes from 35.75 percent to 14.37 percent in the San Francisco Bay and the Albuquerque-Santa Fe area respectively. Here, it’s worth noting that the lowest entity on the scale is still greater than the rate for Alabama which is 14.35 percent.

All in all, going into the New Year, nothing can please a military servant more than knowing that they are going to get compensated more than they were in the previous year. This goes to show that their concerns and rights are equally important to the government than those of the rest.

Search for Public Sector Retirement Expert.

Receive the Best advice.

PSR Experts can help you determine if Public Sector Retirement is right for you or if you should look for alternatives.

The Best Advice creates
the best results.

Recent Articles

How-to Guide: RMD Planning for TSP and IRAs—Key Differences Explained

Key Takeaways RMD rules differ between TSP and IRA accounts, especially in aggregation and withdrawal options. Proper planning and ongoing...

FEGLI Guide: Comparing Federal Life Insurance to Private Policies for Retirees

Key Takeaways Understand essential differences between FEGLI and private life insurance, including eligibility, cost, and customization. Evaluate your retirement goals...

7 Key Facts About PSHB Eligibility and Premiums for Federal Retirees

Key Takeaways Understanding PSHB eligibility and premium factors helps federal retirees navigate health benefits confidently. Annual enrollment opportunities and coordinating...

Search For Public Sector Retirement Expert

Receive the Best advice.

PSR Experts can help you determine if
Public Sector Retirement is right for you or if you should
look for alternatives.

The Best Advice creates

the best results.

Subscribe to our Newsletter

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Our Readers Deserve The Best PSHB and USPS Health Benefits Guidance

Licensed insurance agents who understand PSHB, Medicare, and USPS Health Benefits Plan are encouraged to apply for a free listing.

Book Phone Consultation

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Get In Touch

Stay up to date on the latest information about Public Sector Retirement.

The Best Advice Creates The Best