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- This year’s military pay raise will be 5.2 percent, making it one of the biggest annual pay raises in the last 40 years. Military retirees and disabled veterans will also see a cost-of-living increase of 3.2 percent in their monthly checks.www.firstcommand.com/coaching-center/financial-resources/plan-for-your-milita…
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Here's the 2024 Pay Raise for Vets and Military Retirees
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WEBOctober 28, 2022. Courtesy photo via Defense Department. A key indicator points to a 5.2% military pay raise in 2024, higher than the 4.6% boost set to take effect in 2023 and the largest average increase in more than two …
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