Will Veterans Get A Pay Raise In 2024. Remain educated — your financial security matters. A 5.2% raise in basic pay means anywhere from about $1,100 more per year for the most junior service members to more than $10,000 more per year for senior officers.
The cola pay raise given to disabled veterans and military retirees in 2024 is. Topping last year’s record pay raise of 4.6%, the national defense authorization act (ndaa) for 2024 provides a 5.2% increase for military members across all branches.