Army Financial Benefits

GI Bill Announces Rate Increase Beginning Oct 1, 2012

Beginning Oct 1, 2012, the Montgomery GI Bill payout rates will increase to keep up with the rising cost of education. Here are some of the new rates:

Upon completion of 3 or more years of enlistment:

Institutional Training

  • Full-Time: $1,564
  • 3/4 Time : $1,173
  • 1/2 Time : $782
  • 1/4 Time : $391

Apprenticeship and On-the-Job Training

  • First 6 months : $1,173
  • Second 6 months: $860
  • Remainder : $547.40
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Troops would delay retirement for a pay raise, report says

According to a recent report byTodd Harrison of the Center for Strategic and Budgetary Assessments, a majority of troops would rather have a small (as little as 1%) raise and push off retirement benefits to age 50.

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Servicemembers Get Free Visits to Parks and Museums - Have Some Fun This Summer!

The Army has partnered with the US National Park Service and the National Endowment for the Arts to give service men and women free visits to parks and museums, just in time for some summer fun!

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Civilian Credentials Give Soldiers Better Chances at Promotion

If you're in the Army and want to make more money you need to get promoted, and since October 1, 2011 the Army now gives you more promotion points (10, in fact!) for earning civilian certifications related to their MOS. They also will provide money to help pay for any tuition, license, or exam fees needed to obtain the extra certification.

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While in the Army, Learn Soft Skills You Can Use in Your Civilian Career

It’s true. By enlisting and serving in the Army, you will learn several skills that are critical to running the Army. “So what does that have to do with getting a job after I’m out?” A lot – after all the Army is just a big, very big, corporation.  So if the Army develops these skills in their people, you can bet employers will be looking for the same skills when they’re hiring new employees in their corporations.

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Are You Looking for Excitement in Your Life?

Are you stuck in a job going nowhere? If you want to make a significant change in your life, think about joining the Army! If this sounds interesting, you will first have to meet these basic eligibility requirements:

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How Do I Go About Finding If My Deceased Father Had Any Benefits I'm Entitled To?

Q: My father served with the U.S. Army back in the 1970's and passed away in 2005. He received the military burial, but I'm trying to figure out how I go about finding out if he had benefits that I am entitled to now that he is deceased and what I have to do to receive them. I am 31 years old, is there an age limit? – Craig
 
A: Craig, I’m sorry for your loss. You can take comfort in knowing your father served his country well.
 

Your rating: None Average: 3.3 (17 votes)

Can I Stop the Montgomery GI Bill Deductions and Switch to the Post 9/11 GI Bill?

Your rating: None Average: 3.7 (12 votes)

In Addition to Army Benefits, What Veterans, Retirees and State Benefits Are Available?

Q: As well as Army benefits I'd like to see benefits that veterans & retirees are offered. Some states have additional benefits & I'd like to see a rundown on those.

Your rating: None Average: 4.1 (133 votes)

As a BSN Nurse, What Army Rank and Enlistment Bonus Will I Get?

Q: I'm a BSN nurse. What rank will I enter the Army and what will my enlisting bonus be?

Your rating: None Average: 3.9 (171 votes)
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