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The Military Pay Charts for 2008 are available through the Defense Finance and Accounting Service (DFAS) website.
If we tried to reproduce these charts, the print would be so tiny, you'd think it was an eye test! In addition, because there are so many variables in the amount of pay and allowances, we are including links here for you.
Active Duty Pay
On January 28, President Bush signed into law the $696 billion defense authorization bill, which granted a 3.5% pay raise, retroactive to January 1, 2008.
Retirees and those receiving Survivor Benefit Plan (SBP) annuities began seeing a cost of living adjustment (COLA) representing a 2.3% increase effective December 1, 2007.
Military Pay and Benefits Website sponsored by the Office of the Under Secretary of Defense for Personnel and Readiness discusses the major elements of your compensation. Select the topic that interests you from one of the following topic areas:
Pay and Allowances discusses the basic elements of what is considered the military equivalent of private sector salaries, referred to as RMC, or Regular Military Compensation. These include basic pay (including Active Duty and Reserve pay tables), allowances for housing and subsistence, and tax advantage of the tax-free allowances.
Retirement discusses the various retirement systems currently in effect. In addition to explaining the rules regarding Final Pay, High-3 Year Average, and CSB/REDUX for active duty, calculators are available to demonstrate the potential income stream from these retirement systems and to assist those allowed to choose between High-3 and CSB/REDUX. The Reserve and disability retirement systems are described briefly.
Benefits section discusses the variety of benefits available, ranging from complete health care to commissary and exchange shopping.
Survivor Benefits section discusses the Uniformed Services Survivor Benefit Plan (SBP) and the Reserve Component Survivor Benefit Plan (RC-SBP).
Thrift Savings Plan (TSP) discusses the Federal Government sponsored retirement savings and investment plan for members of the uniformed services.
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Mysteries of the Blue Angels: How Do They Do That? Climb into the cockpit with former Flight Leader Hoss Pearson to discover the Mysteries of the Blue Angels
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Blue Angels:
How Do They
Do That?
Climb into the cockpit
with former
Flight Leader
Hoss Pearson
to discover the
Mysteries of the
Blue Angels
New! Comments
Join our conversation! Leave me a comment about this page in the box below. If your comment is about another page on this site, please leave your comment on the page it refers to. Otherwise, I will have to delete it. Thanks!No re-publication without written permission from the publisher.
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