23 May 2011 Military Report

 

There’s always lots of financial news in the weekly Military Report put together by Military.com.  This week, you can learn more about:

AF Civilian Hiring Reduction – The Air Force has instituted hiring controls recently to reduce projected growth of the civilian workforce. More…

AF Tech Sergeant Promotions – The Air Force recently selected 6,618 of 19,538 eligible technical sergeants for promotion to master sergeant for a selection rate of 33.87 percent. More…

Alaska Vacation Offers – The Outdoor Recreation Center (ORC) at Fort Wainwright, Alaska is offering trips, tours and things to do this summer at reduced rates. More…

Audit: Disability Claims Wrongly Denied – A recent audit found that 16 Regional Offices incorrectly processed 23 percent of the 45,000 claims. More…

Deal of the Week: Military-Sized Savings – Find all of the best military only deals and discounts on the Military.com Discount Center — everything from electronics to garden supplies and travel discounts. More…

Legion Foundation Grants – The American Legion Child Welfare Foundation (CWF) grants provide nonprofit organizations with a means to educate the public about the needs of children across the nation. More…

Military Auto Rebates – Military.com has assembled the latest military-only rebates and discount offering from major automakers all in one place. More…

Military Discount for Clothes Exchange – An online platform for swapping kids’ clothes, toys and books is offering discounts for military families to participate. More…

Military.com Focuses on Member Issues – Military.com is the single most up-to-date location for all of your military benefits — pre/during/and post service, it’s all here in one place. More…

Navy Waives Conversion Requirements – In an effort to provide conversion opportunities ahead of the Enlisted Retention Board (ERB), the Navy has waived some standard conversion requirements and provided Sailors with the guidelines for submitting applications. More…

New Air Force Reserve Guidelines – Air Force Reserve officials recently announced new guidelines that may help combat planners better access reservists. More…

Plan to Freeze GI Bill Stipends Dropped – The plan to freeze Post-9/11 GI Bill housing stipend rates for two years has been dropped from the Restoring GI Bill Fairness Act of 2011 (HR 1383). More…

Retiree COLA Increase Looks Likely – Inflation rates for 2011 are up 2.9% from the 2008 Consumer Price Index, which means retirees may see a substantial COLA increase in 2012. More…

Saluting Military Appreciation Month – Our tribute to Military Appreciation Month includes details on the origins of the armed services and the history of other military-themed holidays. More…

Samsung Legion Scholarships AvailableMore…

Some Benefit Increases Likely in 2012 – Inflation rates for 2011 are up 2.9 percent from the 2008 Consumer Price Index, which means disabled veterans and surviving family members may see an increase in their 2012 rates. More…

Vet Employment Legislation – The Chairman of the Senate Veterans’ Affairs Committee recently introduced major legislation to help veterans struggling to find work and to address rising unemployment among our nation’s heroes. More…

About the Author

Kate Horrell
Kate Horrell is a military financial coach, mom of four teens, and Navy spouse. She has a background in taxes and mortgage banking, and a trove of experience helping other military families with their money. Follow her on twitter @realKateHorrell.