Benefits Overview
Military personnel admittedly do not earn fabulous salaries. But then the
money is not why anyone joins - if you are after money, go somewhere else!
That said, military members are rewarded with substantial tangible and
intangible benefits. Here are just a few:
- Educational Benefits - GI Bill, Tuition
Assistance, Servicemember Opportunity Colleges, Education on Duty, etc.
- Advanced Technical and Specialty Training
- Cash Bonuses
- Tax-Free Housing & Food Allowances, or Free Room
& Board
- 30 Days of Vacation per Year
- Space A Travel - Free flights between bases
- Substantial discounts and deals throughout the
private sector (link to Deals center)
- The pride and honor of serving your country
- World travel
- Health & Dental Care for your and your family
- Special deals on Home Loans (VA Loans link)
- Being part of a larger family with a proud
history - the military tradition
- Pension
Below are a few more details:
Your Cash Rewards!
Military Pay
As an enlisted member, your pay will increase the longer you are in the
military, and as you advance in rank. You also benefit from an annual
cost-of-living adjustment.
There are 10 levels of enlisted pay in the military. Most people enter the
service at E-1, which stands for Enlisted Pay Grade 1. Most people advance
to E-4 within about 3 years of service. Below is an example of the annual
Regular Military pay for a servicemember at the E-4 pay level, with three
years of military service.
Example of Military Pay:
| |
Unmarried |
Married with 2
children |
| Basic Pay |
$19,983.6 |
$19,983.6 |
| Cash for Meals |
$2,913.72 |
$2,913.72 |
| Cash for Housing |
$8,496.00 |
$10,920.00 |
|
|
|
| Cash Total |
$31,393.32 |
$33,817.32 |
| Tax Advantage |
$2013.48 |
$1,696.20 |
|
|
|
| Regular Military
Compensation |
$33,406.80 |
$35,513.52 |
For more on both enlisted and officer pay, with complete pay tables and
other information on special pays you can receive, check out the Pay
Overview.
Enlistment Bonuses
The first reward you may receive for enlisting is a payment called an
enlistment bonus. Enlistment bonuses vary from service to and change to meet
the needs of the service -- be sure to ask your recruiter about the
availability of enlistment bonuses.
Special Pay
Depending on your job and service, you may receive Special Pay. Special Pay
is pay given on top of your base salary. Sometimes it is tax-free, as with
hazardous duty pay, and sometimes it is not. Examples of Special Pay are
hazardous duty pay, career enlisted flyer incentive pay, submarine duty pay,
and medical officers special pay. See these topics for more.
Advanced Enlistment Rank
In addition to enlistment bonuses recruiters can offer you the chance to
enter the service at a higher pay grade called an Advanced Enlistment Rank.
There are 10 enlisted pay levels called pay grades. Most people start out at
E-1 (Enlisted Pay grade 1) however qualified enlistees may enter at E-2 or
E-3.
You must score high on the Armed Services Vocational Battery (ASVAB) test
and meet other criteria to qualify.
Remember: Take an ASVAB practice test as soon as you can. If you can give
your recruiter a practice test score, this helps the recruiter pinpoint the
benefits and incentives that you qualify for, and focus on the jobs you're
suited for. Check out Military.com's
ASVAB Test Center for FREE Practice Tests, study guides and tips..
Be sure to ask your recruiter about opportunities for Advanced Enlistment
Rank, Student Loan Repayment, enlistment bonuses, and many other incentive
programs. You won't know what's available until you ask.
Your Everyday Rewards!
Every day that you serve, the military rewards you by providing you with,
housing, meals, vacation, and much more. The following is a list of the
major "everyday" rewards you get for serving your country:
30 Days Paid Vacation
Unlike any other job you will find, the U.S. Armed Forces offer their
members 30 Days of fully paid vacation (leave) each year, starting the first
year of your enlistment. In fact, you can take leave the day after you
graduate from basic training!
Vacation for Reserves and Guard
If you are called to temporary active duty (mobilized) as a reserve/guard
servicemember you will earn 2.5 days of paid vacation (leave) for each 30
days of Active Duty service.
Military Pension
If you decide to make the military your career, you will be eligible
forretirement pay, including continued health benefits and on-base shopping
privileges similar to those you enjoyed while on duty. For instance, a
20-year career in the service will often result in retirement in your late
30's. Considering that a typical enlisted retiree will receive over
HALF-A-MILLION Dollars in retirement pay alone, a military pension is a
great deal and you pay nothing into this it is all part of your rewards for
serving!
Pension for Reserves and Guard
If you are in the Reserves you become eligible for retirement when you have
served 20 "good years," but you cannot draw your pension until age 60.
Health Care
You and your family will have medical insurance (TRICARE) for as long as you
remain in military service. If you remain in the Military through
retirement, your medical benefits will extend throughout your lifetime and
that of your spouse.
Health Care for Reserves and Guard
As a reserve you and your family are eligible for health care whenever you
are activated, or under special circumstances you may qualify for military
health care insurance (TRICARE) at a reduced premium.
Meals
As a continuation of the military tradition of providing room and board,
meals (rations) are considered part of your pay. While on active duty you
will be eligible for free dining services or you will be given an allowance
to cover the cost of your meals when dining facilities are not available.
Housing
Housing on base is also included as a part of your compensation package. If
you are married and on-base housing is not available, or you would like to
live off base, a
tax-free monthly housing allowance
will be provided. The military also pays all travel and expenses for
required moves.
Affordable Life Insurance
As an active duty service member, you are eligible for $50,000 to $400,000
in life insurance coverage at a cost ranging up to $29.00 a month.
Life Insurance for Reserves and Guard
As a reserve or guard member, you may be eligible for either full-coverage
or partial-coverage depending on the type of unit you are assigned to.
Travel
Besides getting to see the world while serving your country, you will be
eligible for "space available" (or Space A) military flights to almost
anywhere in the world at no cost. In addition, you will be able to stay in
lodging facilities at any military base and at world-class resorts that are
specially created for military personnel, including the Shades of Green®
near Walt Disney World and the Hale Koa Hotel on the beach of Waikiki. And
that's not even mentioning the special military discounts and fare
reductions offered by resorts and airlines all over the world. For more on
Space A travel and other military travel benefits, visit the
Military.com Travel Center.
Veteran Benefits and Discounts
The benefits of service extend far beyond your active duty or reserve
service. The Federal Government and most states offer Veterans Programs for
Education, Home Loans, Small Business Loans, Health Care, and more. Many
retailers and businesses also offer veteran and servicemember special
discounts. For a directory of all the discounts available, check out
Military.com's Shopping Center.
The Intangible Rewards!
When you serve in today's military, you learn self-discipline, earn respect,
and demonstrate honor and a devotion to duty. The experience, training, and
leadership skills you will get in the military are exactly what today's
employers are looking for.
You will also experience great satisfaction from knowing that you have
proudly done your part in carrying on a tradition of selfless service that
dates back over 200 years. In addition you will be joining the ranks of
famous veterans who have also served their country like: Mike Anderson
(NFL), David Robinson (NBA), Fred Durst (Limp Bizkit), Gene Hackman, Chuck
Norris, Road Dogg Jesse James, Montel Williams, Shaggy, and Dennis Franz,
just to name a few.
You will also find that your military experience will make you stand out
above the rest. You and your family will notice a difference in how you
handle adversity, hardship, trials, and confrontation. You will also find
that people will come to count on you for your leadership skills and ability
to make wise decisions. As you can see, the benefits of military service are
enormous. Most American citizens have no idea about the value of the
opportunities and experiences you can get for faithfully serving your
country.