Paycheck Chronicles

1 April 2011 Pay: No Worries!

With all the confusion and rumors regarding the federal budget, the Defense Appropriations Act, the continuing resolutions, and military pay, I've been hearing the same question a lot lately:  Will we get paid on Friday, 1 April 2011?  The short answer is yes.  There is no reason that this military pay day should be affected by the current legislative situation.  Banks and credit unions that typically release pay funds early should be able to follow their usual pay release schedule.  For now, we are at situation normal.

Please do know that IF another continuing resolution is not passed, and IF a federal budget is not passed, and IF the Defense Appropriations Act is not passed, and IF there is no other legislation that would permit troop payment without any of the other things happening, it is POSSIBLE that the 15 April 2011 pay could be delayed until one of those things does occur.  I am not trying to panic people, or play Chicken Little (as I have been accused), but rather to make people think about the possibilities and how their family can best prepare for whatever might happen.

I know you are sick of hearing me say it, but the only sensible thing to do is plan for the worst, and be pleasantly surprised if it doesn't happen.

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