In addition to basic pay elements, a special, incentive, or critical skills pay is given to qualified personnel who possess specific or unique skills, or ones at a critical shortage. The Military compensates individuals possessing special talents to retain them for specified periods of time. Different types of special and incentive pay include those relative to combat, … [Read more...]
Moving and Relocation Allowance
The military pays for the transportation of household goods during a permanent change-of-station move. In addition, a Temporary Lodging Allowance covers the cost of temporary housing at the beginning and end of a move. To further offset moving costs, a Dislocation Allowance is also granted for permanent change-of-station moves. Moving-In Housing Allowance (MIHA) Temporary … [Read more...]
Air Force Officer Pay – FY2010
The chart below represents the typical monthly base pay for Air Force personnel. The left side of the chart represents your rank or pay grade. The top of the chart represents the number of years on active duty. Your salary will be based on your time in the Air Force, marital status, where you live and your rank. Officers enter the Air Force as O-1 and likewise work … [Read more...]
Air Force – Incentive and Special Pay
Incentive and Special Pay can be received in addition to Basic Pay. A member entitled to special duty assignment pay may receive such pay in addition to any other pay and allowance to which they are entitled. Members who meet the requirements in Table 8-1 of the DoD Financial Management Regulation (DODFMR) may be awarded a special duty assignment rating under procedures … [Read more...]
Servicemembers Group Life Insurance (SGLI)
Servicemembers Group Life Insurance is the life insurance provided to those who serve in the military. The coverage can also be extended to dependents. SGLI is a very affordable program that is available to active duty as well as National Guard. The cost for servicemembers is $.065 per every $1,000 in coverage. For those serving, coverage is available in $50,000 increments up … [Read more...]