WASHINGTON (Sept. 15, 2010) - The White House, Department of Defense and Department of Veterans Affairs jointly released a new web video today in which President Obama encourages active-duty troops and veterans to apply for special retroactive stop-loss pay, if entitled.
Under legislation signed into law last year, servicemembers may be eligible for $500 per month in retroactive pay for each month their service was extended under "stop loss" between Sept. 11, 2001 and Sept. 30, 2009.
"As your commander in chief, I'm here to tell you that this is no gimmick or trick," President Obama said in the video. "You worked hard. You earned this money. It doesn't matter whether you were active or Reserve, whether you're a veteran who experienced 'stop loss' or the survivor of a servicemember who did --if your service was extended, you're eligible."
Eligible servicemen and women should submit their applications for this retroactive pay to www.defense.gov/stoploss. While by law, servicemembers who received a bonus for voluntarily re-enlisting or extending their service are not eligible, officials strongly recommended that all who may be eligible submit an application before the deadline. The deadline to apply is Oct. 21.
Thousands of veterans who have already been approved have received an average of nearly $4,000.
To watch the president's full video, see <a href= "http://www.whitehouse.gov/blog/2010/09/15/president-obamas-message-veterans-retroactive-pay-due-stop-loss"target=_blank>www.whitehouse.gov</a>.
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VIDEO: President Obama reaches out to veterans
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