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The president called it "the most significant investment in our military and in our warfighters in modern history."

Law contains major upcoming retirement change, increases some special pays but drops BAH, and increases TRICARE pharmacy...

Some Navy officers can get a $5,000 annual increase in their nuclear continuation bonus.

The House voted down a bill to fund the Dept. of Homeland Security for three week and avoid a pay cutoff for the Coast Guard.

Obama praised the work of a blue-ribbon panel on military compensation and retirement reform as an "important step forward."

The subcommittee surprised many observers by including the provision to overhaul the military retirement system.

President Obama said he wants more time to review controversial proposals that would overhaul troop pay and benefits.

Lawmakers on a Senate panel agreed to overhaul the military retirement system and give troops a less-than-expected pay raise...

Troops sent to West Africa to support the effort against the Ebola epidemic will be eligible for at least $150 per month and...

U.S. troops fighting Islamic militants in northern Iraq and possibly Syria will receive combat pay, Defense Secretary Chuck...