By Cheryl Pellerin American Forces Press Service ABOARD A MILITARY AIRCRAFT , Sept. 15, 2011 – Nearly $1 trillion in defense cuts that the 2011 Budget Control Act could require would devastate the military and the defense industrial base, and could add 1 percent to the nation’s unemployment rate, the Pentagon press secretary said today. A “sequestration” mechanism in the … [Read more...]
2011 Military Pay Day Schedule
The following table shows the DFAS schedule of military pay periods and scheduled pay days for 2011. Each servicemember has the option of receiving his or her pay one or two times a month. If they select to receive their pay twice a month, they will receive semi-monthly pay on the 15th of each month - if the 1st or 15th falls on Saturday or Sunday, payday is the Friday … [Read more...]
Payout Dates Change for Military Retiree Pay
Defense Finance and Accounting Service CLEVELAND, Sept. 9, 2011 – Paydays for military retirees and those who receive portions of retired pay are changing for the months of September and December, as the Defense Finance and Accounting Service changes its pay schedule to comply with the 2011 National Defense Authorization Act. The 2011 NDAA requires military retiree pay to be … [Read more...]
Reenlistment Bonuses Up for Grabs in FY 2012
August 23, 2011 From Chief of Naval Personnel Public Affairs Office WASHINGTON (NNS) -- The Navy released an updated selective reenlistment bonus award plan Aug. 22 in Navy administrative message (NAVADMIN) 253/11 which officially opens the application window for Sailors to seek those benefits in fiscal year 2012. While the Navy has 31 overmanned ratings there are 91 … [Read more...]
ACASP
The Army Civilian Acquired Skills Program (ACASP) is designed to grant accelerated promotions to the rank of specialist for all those who possess specialized skills applicable to an MOS. Applicants with prior training, education and/or experience (not obtained through military service) may qualify for enlistment at a higher pay grade and use their civilian skills in the … [Read more...]