The National Defense Authorization Act

When the government signed the National Defense Authorization Act into law on January 1, 2010, it raised the monthly pay rate for the Armed Services by 3.4%. Particularly affected were the enlisted members who reached their thirty year tenure mark. The thirty year high year tenure personnel are the last to have been under the final pay retirement method.

The Military Pay Chart and VA Loans

Although sometimes it falls short, the United States grants veterans a number of benefits as thanks for their service to their country. VA Loans are just one of those benefits. These loans are guaranteed and insured by the VA in case the veteran or otherwise qualified personnel defaults on their loan.

The terms and rates that veterans receive with VA Loans are often determined in part by their monthly income, so our VA Loan company provided the Military Pay Chart below for your perusal.

See Current Military Pay Chart Tables