Biggest mil.pay raise since 2010

Not since 2010 have military personnel seen a pay raise of more than three (3) percent. On Jan. 1, troops will be getting a 3.1 percent hike. Junior enlisted raises will amount to about $815 a year. For O-4s with 12 years of service, it’ll amount to more than $2,800 extra. Those figures are based on the expected rise in civilian sector wages, and not designed as a bonus for military families – instead, a calculation to keep them on pace with private-sector peers. Multiple times in the mid-2010s, military and White House officials pushed for pay raises under expected rises in private-sector salaries in order to save money for equipment upkeep and modernization. From 2011-16, military pay increased never grew above 1.7 percent. (Source: Military Times 12/26/19) https://www.militarytimes.com/news/2019/12/26/biggest-military-pay-raise-in-years-takes-effect-jan-1-check-out-the-complete-chart/