Big cuts coming; lower pay raises start in 2015
By Andrew Tilghman and Rick Maze - Staff writers
Posted : Thursday Jan 26, 2012 14:00:23 EST
Service members can expect standard pay raises for the next two years — most likely 1.7 percent for 2013 — but that will change starting in 2015, according to a new budget plan unveiled at the Pentagon on Thursday.
Defense Secretary Leon Panetta released details of the 2013 budget, the first since Congress ordered the Pentagon to slash more than $450 billion in planned spending over the next decade, with a few glimpses of what may be in store beyond 2013.
Under the plan, military pay will continue to rise in tandem with the average annual increase in private-sector wages, but starting in 2015, raises may be capped a level slightly below annual growth in civilian pay.
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