Transition Program Helps Army Save $900MJanuary 27, 2017 | :
by Mr. Leslie Hargett
Unemployment Compensation for Soldiers leaving the Army during fiscal year 2016 dropped to the lowest amount recorded in 13 years.
The Army ended the year at $172.8 million, according to the Department of Labor’s unemployment compensation report. Army expenditures had peaked in 2011, at $515 million. This is the first time expenditures dropped below $200 million since 2003.
In the last four years the Army has saved over $900 million in cost avoidance for unemployment compensation expenditures through programs like the IMCOM Soldier for Life Transition Assistance Program, which prepares Soldiers for finding employment in the civilian sector when they leave active service.
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