Military Enlisted members are provided monetary allowances to pay for uniform replacement and maintenance. These allowances are based on the cost of specific uniform items, and on an estimated “wear out” date for each specific item. The clothing allowance typically is paid on the anniversary of the day members entered the military. People with fewer than three years … [Read more...]
Cost of Living Allowance (COLA)
*Cost of Living Adjustment for 2012* * COLA update for 2010 * A decrease in the Consumer Price Index means military retirees and annuitants will not receive a Cost of Living Adjustment increase in 2010. Also, Survivor Benefit Plan premiums, will not increase. The CPI, published by the Department of Labor, normally increases as a result of inflation, leading to a COLA increase. … [Read more...]
Variable Housing Allowances (VHA)
VHA is paid to service members residing in high-cost housing areas in the United States. VHA is usually based upon your pay grade, dependency status and duty station location. In certain circumstances, SECNAV has the authority to pay VHA based on the location of your family members. VHA rates are established based upon your reported housing expenses in the VHA survey. These … [Read more...]
Military Pay Overview
Whether you're Active duty or Reserve in the Army, Navy, Air Force, Marines, Coast Guard or National Guard, a Military career can be a challenge and an adventure. Like any other job it comes with a salary, benefits, incentives and bonuses, not to mention automatic annual pay raises. Annual pay raises are linked to the increase in civilian wages, which is measured by the … [Read more...]
Military Loans
GET A MILITARY LOAN Military loans can be a good way to pay for emergencies, minor purchases, vacations, or for consolidating other debts that are at a higher interest rate than the military loan rate. We can HELP YOU find a GREAT MILITARY LOAN! ABOUT MILITARY LOANS: Military Loans are personal loans designed exclusively for military personnel (active duty and career-retired). … [Read more...]
