04-15-2022, 03:09 PM
(777) VA Disability Rates 2023: HUGE Increase IN Veterans Benefits! - YouTube
Please note there are talks of raising Active Duty Pay in 2023 as well which back this up even this early..
"White House officials have asked for service members to get their largest pay raise in 20 years as part of the fiscal 2023 budget request. But a growing number of lawmakers think that number still isn’t high enough. “It’s inadequate,” said Rep. Mike Rogers, R-Alabama, ranking member of the House Armed Services Committee. “We’re living with 8% inflation and they’re talking about a 4.6% pay raise? That’s not adequate.” As lawmakers look at edits and additions to the fiscal 2023 budget request in coming weeks, the military pay raise is likely to be tied to conversations about increasing the defense budget well above the $773 billion total offered in the initial draft....Several Democratic members on both the House and Senate panels also expressed concerns about the budget increases not being enough, although leaders said it is too early to say if the pay raise will have to be boosted higher. The proposed 4.6% pay raise — which would go into effect in January 2023 — is well above the 2.7% raise troops saw at the start of 2022. For junior enlisted troops, it would mean about $1,300 more in their annual salary. For senior enlisted and junior officers, the hike equals about $2,500 more. An O-4 with 12 years service would see more than $4,500 extra next year under a 4.6% increase....." [Source: MilitaryTimes | Leo Shane III | April 11, 2022 ++]
Please note there are talks of raising Active Duty Pay in 2023 as well which back this up even this early..
"White House officials have asked for service members to get their largest pay raise in 20 years as part of the fiscal 2023 budget request. But a growing number of lawmakers think that number still isn’t high enough. “It’s inadequate,” said Rep. Mike Rogers, R-Alabama, ranking member of the House Armed Services Committee. “We’re living with 8% inflation and they’re talking about a 4.6% pay raise? That’s not adequate.” As lawmakers look at edits and additions to the fiscal 2023 budget request in coming weeks, the military pay raise is likely to be tied to conversations about increasing the defense budget well above the $773 billion total offered in the initial draft....Several Democratic members on both the House and Senate panels also expressed concerns about the budget increases not being enough, although leaders said it is too early to say if the pay raise will have to be boosted higher. The proposed 4.6% pay raise — which would go into effect in January 2023 — is well above the 2.7% raise troops saw at the start of 2022. For junior enlisted troops, it would mean about $1,300 more in their annual salary. For senior enlisted and junior officers, the hike equals about $2,500 more. An O-4 with 12 years service would see more than $4,500 extra next year under a 4.6% increase....." [Source: MilitaryTimes | Leo Shane III | April 11, 2022 ++]