As we observe National Veterans and Military Families Month this November, we at Rangam want to extend our deepest gratitude to the brave men and women who have served our country. In honor of their sacrifices, we've curated a list of valuable resources available to US military veterans and their families. Our aim is to ensure that these heroes and their loved ones can access the benefits they rightfully deserve.
1. Veterans Day Specials This Veterans Day, numerous businesses across the nation are paying tribute with special offers. From free meals at popular restaurants like Applebee’s, Bob Evans, and Golden Corral1 , to retail discounts at Academy Sports + Outdoors and Under Armour2 , veterans, and active-duty personnel can enjoy a variety of perks. Don’t miss these fantastic opportunities to celebrate and save.
2. Significant Military Benefits Changes in 2023 2023 brings notable improvements in military benefits:
• Pay Increase: A 4.6% pay raise, reflecting the largest increase since 20013 , addresses the rising living costs. • Basic Needs Allowance: This new allowance aids active-duty service members with dependents who fall below federal poverty guidelines4. • Higher Housing and Subsistence Allowances: The Basic Allowance for Housing (BAH) sees a 12.1% increase5, and the Basic Allowance for Subsistence (BAS) is set at $311.68 for officers and $452.56 for enlisted members6. • Cost of Living Adjustment: An 8.7% COLA increase benefits military retirees, VA disability pay recipients, and more7.
3. Presidential Initiatives President Biden’s administration has focused on supporting the economic security of military families8. This includes various measures like improving job training for transitioning service members and veterans and enhancing resources for health and well-being.
Rangam’s commitment is to assist our veteran community, and we hope that this guide proves to be a valuable tool for you and your loved ones.