Compensation of Survivors of U.S. Military Personnel Applies to Retired Members only when noted Death Gratuity – A $100,000 tax-exempt death gratuity provides immediate cash to meet the needs of survivors. Government Housing or Allowances and Relocation Assistance - Survivors receive rent-free Government housing for up to one year or the tax-free Basic Allowance for Housing … [Read more...]
National Guard Commissioned Officer Pay FY2010
The pay charts below show MONTHLY pay for Officers in the National Guard. Members are paid twice a month on the first and fifteenth, therefore you will receive half of the amount listed below on each payday. View the National Guard Officer pay charts below or go to the Pay Overview to view other sources of compensation. Commissioned Officer Basic Pay Rates … [Read more...]
Service-Disabled Veterans Insurance
The Service-Disabled Veterans Insurance (S-DVI) program was established in 1951 to meet the insurance needs of certain veterans with service connected disabilities. S-DVI is available in a variety of permanent plans as well as term insurance. Policies are issued for a maximum face amount of $10,000. You can apply for S-DVI if you meet the following 4 criteria: You were … [Read more...]
National Guard Incentive and Special Pay
Incentive and Special Pay can be received in addition to Basic Pay. A National Guard 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 certain requirements (Table 8-1 of the DoD Financial Management Regulation (DODFMR)) may be awarded a special duty assignment rating under … [Read more...]
Veterans’ Mortgage Life Insurance (VMLI)
The Veterans' Mortgage Life Insurance (VMLI) program provides mortgage life insurance to severely disabled veterans and service members. It is designed to pay off home mortgages of disabled veterans and service members in the event of their death. VMLI provides up to $90,000 mortgage life insurance payable to the mortgage holder (i.e., a bank or mortgage lender), in the event … [Read more...]