Military Members
Receive Highest Payment Increase Since 2010
Military
members will see their paychecks rise by the largest percent increase
since 2010 this week.
At the end of December, President Donald Trump, by way of executive
order, mandated a 2.4% pay hike for uniformed service members and a 1.9%
raise for federal workers. The Trump administration’s initial budget
blueprint called for a 2.1% pay increase, while the House and Senate
suggested the 2.4% figure, which was eventually adopted by the
president.
In 2017, the Obama administration issued a 2.1% increase. This year’s
raise will be the largest for the military since 2010, when wages jumped
3.4% under the previous administration.
The new pay increase went into effect on Jan. 1, however, this is the
first full week that paychecks will reflect the higher amounts. The
raise is in line with private sector wage growth, according to
Militarybenefits.com.
Even though Trump signed the raises into law through the National
Defense Authorization Act (NDAA) in December, the government still needs
to agree on how to fund the act during the budget process, since it is
over the cap imposed by the defense sequester. With a Friday deadline
looming for Congress to reach a deal to keep the government funded, the
military stands to be impacted by a potential shutdown in a number of
ways.
If the government fails to pass a budget by midnight on Friday, both
civilian and active troop members are unlikely to receive paychecks.
Active duty members are expected to continue to perform their tasks and
all civilian personnel who are essential to supporting them will also be
required to go to work.
The government is currently funded through a temporary continuing
resolution (CR), which was passed to avoid a government shutdown on Dec.
21. The CR allows for the continuation of funding levels as stipulated
under the fiscal year 2017 budget.