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Basic Allowance for Housing (BAH) is calculated based on several factors, primarily the location of the military member's duty station, their pay grade, and whether they have dependents. BAH rates are determined annually by the Department of Defense and are intended to cover a portion of the housing costs for military personnel.
The rate varies by the location. Hostile fire pay/imminent danger pay: Monthly pay that appears on the LES as "HFP/IDP". Sometimes referred to as "combat pay". [8] Hazardous duty pay: Monthly additional pay for certain "hazardous" duty assignments, such as the flight deck operations personnel on an aircraft carrier.
Pay grade (this is essentially synonymous with rank), the higher the grade, the higher the maximum OHA rate. Location Overseas - BAH is intended to match the average monthly rent in the area where the member is stationed, thus more expensive regions (they are indexed online) receive a higher allocation of OHA.
The basic pay rate for both Academy and non-active duty ROTC cadets and midshipmen is $1,272.20, effective 1 January 2023, which is "the monthly rate equal to 35 percent of the basic pay of a commissioned officer in the pay grade O–1 with less than two years of service." [46] [20] [45]
The Fidelity High Dividend ETF invests in stock of large- and mid-cap companies that are expected to pay and grow dividends into the future. The fund holds about 100 stocks and has 30 percent of ...
Military pay or military compensation is the pay system whereby members of the military are compensated for their ... Exchange rates used were accurate as of 02/04 ...
enrollment periods. In this case if the veteran is full-time, and his or her maximum BAH rate is $1500 per month, then he or she will receive (13/30)x$1500 = $650 for the end of the first period of enrollment, then the veteran will receive (10/30)x$1500 = $500 for the beginning of the second period of enrollment.
Rates are displayed on a rating badge, which is a combination of rate and rating. E-2s and E-3s have color-coded group rate marks based on their career field. Personnel in pay grade E-1, since 1996, do not have an insignia to wear. [2]