Deadline for Stop Loss Retroactive Pay Looms

The deadline has been extended twice, but now there are only two weeks left for military and veterans to claim Stop Loss Retro Pay. The deadline is March 4, 2011.

An estimated 145,000 people are eligible for the special pay, yet only about 77,000 claims have been paid. Other claims are being processed.

You qualify for  Stop Loss Retro Pay if your military service was involuntarily extended or your retirement suspended between Sept. 11, 2001, and Sept. 30, 2009.

If you qualify, you will receive retroactive payments of $500 for each month of your extended service under the “Stop Loss” policy. The program also applies to beneficiaries who lost loved ones in the ultimate sacrifice during their service.

Each service has details on eligibility and on how to apply for Retroactive Stop Loss Special Pay (RSLSP):

Army web site or call 877-736-5554.

Navy documentation or call 901-874-4427.

Marines web site or call 877-242-2830.

Air Force web site or call 800-525-0102.

You can applying through the Internet or by mail. Once eligibility is established, the money is directly deposited in your bank account.