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Military Pay Raise – IF10260

Military Pay Raise – IF10260 published on

The phrase “military pay raise,” frequently used in discussions of military compensation, is almost always a reference to the annual increase in basic pay for members of the uniformed services. By law, basic pay is automatically increased at the start of each calendar year by an amount linked to the change in the Employment Cost Index (ECI), although the President or Congress may override this statutory adjustment.

Date of Report: July 16, 2015
Pages: 2
Order Number: IF10260
Price: $5.95

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