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All four of the regular and non-regular retirement plans determine initial monthly retired pay by applying a percentage multiplier to the retired pay base. There are two methods for...
Military pay will increase 5.2% for 2024, compared to 2023 levels. The military pay charts linked below apply to active members of the Navy, Marine Corps, Army, Air Force, Coast Guard...
Know your options and how to calculate your military retirement pay to find out which option is best for you. If you began your military service before Sep. 7, 1980, you’re eligible for the...
This first chart depicts the estimated gross monthly retired payments under both retirement options. Taxes and participation in the SBP are not considered. The REDUX jump reflects the...
The Date of Initial Entry into Military Service (DIEMS) determines which of the three retirement systems a soldier falls under. Retired Pay amount and requirements depend on whether a soldier...
Members who accumulate 20 or more years of active service are eligible for retirement. There are three non-disability retirement plans currently in effect for active duty retirees. These are...
The Department of Defense uses a multi-step formula to compute your retired pay. The amount generally is based on your length of service or your disability percentage. Factors such as the year you entered service and your retirement type also affect your pay. Retired Pay Formula
Get military retirement pay information and estimates using with these free Defense Department High-3 and Final Pay retirement pension calculators.
In most cases, soldiers who have completed 20 years of active service are eligible to receive Retired Pay at the end of their career. The Date of Initial Entry into Military Service (DIEMS)...
Complete AC and RC Pay Tables (All grades) are available in Word format: Active Component 2024 Pay Table (Posted Dec. 2023) Reserve Component 2024 Drill Pay Table (Posted Dec. 2023)