Military Advantage

2012 Military Pay Raise or Pay Freeze?

The president's 2012 budget request includes a proposal for a 1.6% military pay raise for 2012. While larger than last year's military pay increase, the 2012 proposed military pay increase is the second smallest since 1962 and given the current budget environment many suspect that congress is considering a freeze.

As reported here, a recent Congressional Budget Office report says that military pay is higher than most federal employees, and Rep. Steny Hoyer (D-MD) has signaled a desire to freeze military salaries at the 2011 rate.

Check out the 2012 proposed military pay charts to see what a 1.6% raise would mean to your military paycheck.

Show Full Article

Related Topics

Military Advantage

Most Popular Military Pay Articles

2018 Military Pay Charts
Check out the 2018 US military pay scale charts for all ranks for active duty, as well as Reserve and Guard components.
Military Retired Pay Overview
The military retirement system is arguably the best one around, but proper planning is needed to ensure you can retire comfor...