The Army Times recently reported that army veterans who believe they are eligible for retroactive stop-loss pay must apply by Oct. 21 — or forfeit their pay.
As of early August, only 42 percent of the estimated 120,000 veterans who may qualify for the compensation had been approved. With the deadline approaching, the Army mailed 76,000 potentially eligible veterans, urging them to take a look at the program.
The program, funded by Congress for $534 million, is belated compensation for former and current service members who were involuntarily extended on active duty because of stop-loss from Sept. 11, 2001, through Sept. 30, 2008. The program pays eligible applicants $500 for every month they were involuntarily retained beyond their contracted service.
Read the full Army Times article here.