![]() ![]() See If You’re Eligible Today How Basic Pay Increases are Determined » MORE: Military Homebuyers Can Buy With $0 Down. Armed Forces receive basic pay, although the amount varies by pay grade and years of service. Allowances are the second largest component and there can be other monetary compensation such as special and incentive payments. » MORE: Compare Top VA Lenders for $0 Down Today About Basic Payįor most service members, basic pay is the largest component of monthly compensation. Also, be sure to know your military pay dates. The military pay charts apply to all Air Force, Army, Coast Guard, Marines, Navy, Space Force and reserve personnel, where applicable. By clicking ‘Get Discounts’ you agree to our Privacy Policy 2022 Military Pay Scale (10 to 20 years in service) GradeĢ022 Military Pay Scale (22 to 32 years) GradeĢ022 Military Pay Scale (Over 34 to Over 40) GradeĮ pay scale is Enlisted, W scale is Warrant Officer, O scale is Commissioned Officer. » MORE: Check your eligibility for a $0 down VA loan 2022 Military Pay Scale (Two to eight years in service) GradeĪll information is completely confidential. dollar.įind the current 2023 military pay rates here. ![]() Monthly basic pay amounts in the chart below are rounded to the nearest U.S. The first paychecks with the 2022 military pay raise went out on Jan. The new pay rate went into effect on Jan. The final pay raise is in line with President Joe Biden’s budget proposal and the Employment Cost Index (ECI) formula of 2.7%.įor the past five years, lawmakers have used the ECI formula for wages and salaries to help determine final military pay increases. Here are the 2022 military pay charts, according to the 2022 National Defense Authorization Act. ![]()
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