Military Learning Center » Money

House panel to approve 1.7 percent 2013 raise

Angel — Thu, 17 May 2012 07:20:03 +0000

A House subcommittee is prepared to say “yes” to a 1.7 percent military pay raise but “no way” to the Obama administration’s plans to significantly hike Tricare fees for military retirees and their families.

Loosen home refinancing rules, lawmakers say

Angel — Thu, 17 May 2012 07:20:02 +0000

Active-duty military homeowners would no longer have to live in a residence in order to refinance the mortgage at low interest rates, under a bipartisan amendment that could be attached to the 2013 defense authorization bill.

Senate bill would expand rights under SCRA

Angel — Wed, 16 May 2012 19:17:09 +0000

Military families would be able to terminate residential housing leases early and without penalty if on-base housing becomes available, under a proposed change to the Servicemembers’ Civil Relief Act introduced Tuesday in the Senate.

Amount of retirement COLA predicted for 2013

Angel — Thu, 10 May 2012 16:37:17 +0000

The Congressional Budget Office is predicting a 1.3 percent cost-of-living adjustment in military retirement and veterans’ disability benefits in 2013, an increase far smaller than the 3.6 percent hike received this year.

Amount of retirement COLA predicted for 2013

Angel — Thu, 10 May 2012 16:37:17 +0000

1 year after OBL raid, no answers from Pakistan

Angel — Sat, 05 May 2012 05:20:02 +0000

ABBOTTABAD, Pakistan — One year since U.S. commandos flew into this Pakistani army town and killed Osama bin Laden, Islamabad has failed to answer tough questions over whether its security forces were protecting the world’s most wanted terrorist.

House panel approves automatic vets’ COLAs

Angel — Fri, 20 Apr 2012 17:20:02 +0000

A House subcommittee moved Wednesday to erase a tiny bit of uncertainty over cost-of-living adjustments in veterans’ disability and survivor benefits by passing a bill that would provide automatic annual increases beginning next year.

ATM withdrawal fee to increase on travel card

Angel — Wed, 28 Mar 2012 17:01:16 +0000

The fee for ATM cash withdrawals using the Government Travel Charge Card will increase to 2.2 percent in June or July, depending on your service component.

Many military homeowners in line for big payout

Angel — Thu, 08 Mar 2012 03:20:04 +0000

The Justice Department estimates it will identify thousands of service members who have been wrongfully foreclosed on since 2006 — each of whom could be in line to receive tens of thousands of dollars, officials said Tuesday.

Merger will not gouge families shipping pets

Angel — Tue, 14 Feb 2012 22:49:03 +0000

The imminent merger of two large U.S. commercial airlines will not affect the costs for service members shipping their pets with them on military-contracted “Patriot Express” flights as they make permanent change-of-station moves, according to defense officials.