Wednesday, September 29, 2010

Post 9/11 Stop-Loss Bonus

by Jim Fausone

Time is running out to apply for retroactive bonus pay for 145,000 military personnel who were forced to remain on duty beyond their original discharge date, following the September 11th attacks. Congress has approved back pay of $500 for each month of involuntary service; the average lump-sum due is between $3,500 and $3,800. Applications must be submitted by October 21, 2010. The DoD is still trying to track down about 90,000 veterans. I suspect a large number of the missing veterans are National Guard and Reserve troops. You can submit your application online at If you have a relative or friend that maybe eligible for this payment, please pass the information along.

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