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  2. National Defense Authorization Act for Fiscal Year 2024

    en.wikipedia.org/wiki/National_Defense...

    Permanently establish the titles of commissioned officer ranks of the Space Force to be the same as the Army, Marine Corps, and Air Force. Authorize a $886 billion spending budget for national defense programs including: [20] [21] A 5.2% pay increase for service members of the armed forces. [20] [21] Procurement of up to 13 Virginia-class ...

  3. National Defense Authorization Act for Fiscal Year 2025

    en.wikipedia.org/wiki/National_Defense...

    On May 22, the House Armed Services Committee approved its version of the 2025 National Defense Authorization Act, by a 57–1 vote. [6] As passed by the Committee, the bill included the Pentagon's controversial "Legislative Proposal 480", transferring Air National Guard space units to the Space Force; however, the Committee accepted an amendment proposed by Joe Wilson (R‑SC), watering down ...

  4. United States military pay - Wikipedia

    en.wikipedia.org/wiki/United_States_military_pay

    The 2007 pay raise was equal to the ECI. A military pay raise larger than the permanent formula is not uncommon. In addition to across-the-board pay raises for all military personnel, mid-year, targeted pay raises (targeted at specific grades and longevity) have also been authorized over the past several years.

  5. Basic Allowance for Housing - Wikipedia

    en.wikipedia.org/wiki/Basic_Allowance_for_Housing

    Basic Allowance for Housing (BAH) is calculated based on several factors, primarily the location of the military member's duty station, their pay grade, and whether they have dependents. BAH rates are determined annually by the Department of Defense and are intended to cover a portion of the housing costs for military personnel.

  6. Projected COLA for 2025: September update — how it's ...

    www.aol.com/finance/social-security-cost-of...

    COLA over the last decade: 2025 to 2024. COLA has varied widely over the past 10 years. The lowest COLA in that timeframe was in 2016 at 0.0%, and the highest was in 2023, when COLA was a whopping ...

  7. Military budget of the United States - Wikipedia

    en.wikipedia.org/wiki/Military_budget_of_the...

    As of 11 March 2024 the US Department of Defense fiscal year 2025 (FY2025) budget request was $849.8 billion. [a] On 20 December 2024 the House approved a Continuing Resolution to fund DoD and DoE operations at the FY2024 levels until 14 March 2025, at which time the Appropriations process for the NDAA is to be revisited by the 119th Congress. [4]

  8. Thousands of state employees, teachers to get raises in July ...

    www.aol.com/thousands-state-employees-teachers...

    The 2023 budget that became law in October is a two-year spending plan covering the fiscal years of July 1, 2023 through June 30, 2025. The bill built in the raises to be doled out over two years.

  9. 5% pay hike in 2024 proposed for Elwood city employees - AOL

    www.aol.com/5-pay-hike-2024-proposed-222800711.html

    Sep. 13—ELWOOD — City council took the first steps this week toward a 5% pay increase next year for all city employees and the approval of an additional officer for the police department.