Military Advantage

President Determined to Cap 2014 Military Pay

According to an article by Rick Maze of the Military Times, President Obama has notified Congress that he intends to use his authority to set the 2014 military pay increase at 1 percent, rather than the 1.8 percent, which is currently required by the federal pay formula.

The 2014 military pay raise is only one of many defense budget issues that has lawmakers and President at odds. The House budget plan includes the 1.8 percent raise, while both the Senate Armed Services Committee and the President’s proposed budgets include a cap of 1 percent.

The President announced the move on Friday August 30, right before the Labor Day weekend.

Of course, like the many other defense budget issues, this is far from settled, so stay tuned…

Visit to learn more about military pay.

Show Full Article

Related Topics

Military Advantage

Most Popular Military Pay Articles

2019 Military Pay Charts
Check out the 2019 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...