| Pay and Benefits |
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Officer pay is based on rank and time in service.
For the current Military pay chart, visit the Defense Finance and Accounting Service Web site: http://www.dod.mil/dfas/militarypay.html
The figures below are for an Ensign (O-1) with no prior service, as of January 2005.
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At Basic Officer Training Class (BOTC) at Kings Point, New York, the monthly pay and allowances are:
| Basic Pay: | $2343.60 |
| Basic Allowance for Subsistence:* |
$ 192.74 |
| TOTAL: |
$2536.34 |
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Married officers also receive a monthly Basic Allowance for Housing (BAH)* while at Kings Point. The amount of BAH varies with duty station location and/or the location of the officer's dependents.
All officers receive an initial $400 Uniform Allowance*.
While at BOTC, room is provided at no charge. You must reimburse the government for meals.
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Following BOTC, upon reporting to assigned ship, the monthly pay and allowances are:
| Basic Pay: | $2343.60 |
| Basic Allowance for Subsistence:* |
$ 192.74 |
| Career Sea Pay: | $ 60.00 |
| TOTAL: |
$2596.34 |
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Single officers not living aboard ship, and married officers receive a monthly Basic Allowance for Housing*. The amount varies based on the ship's homeport. Several examples:
| Homeport | Single Officer | Married Officer |
| Norfolk, Virginia | $959 | $1115 |
| Seattle, Washington | $1016 | $1246 |
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*Tax-Free Allowance (not subject to Federal or state income taxes)
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Other compensation is available including Diving Pay ($240 per month when diving) and Aviation Career Incentive Pay ($125-$840 per month for aviators/navigators).
Other benefits include:
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30 days of paid vacation each year
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Retirement with pension after 20 years of active duty service
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Comprehensive medical and dental coverage
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Tuition assistance
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Department of Veterans Affairs (VA) benefits
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Military exchange and commissary privileges
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Option to enroll for the following benefits:
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$250,000 term life insurance at a cost of $16.25 per month; (lower coverage amounts may be selected, and coverage for spouse and children is also available)
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Thrift Savings Plan [similar to 401(k) Plan found in private sector]
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Montgomery GI Bill Education Benefit Program
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Long Term Care Insurance(various options/premiums)
For more information about pay and benefits, see Pay and Benefits under the Commissioned Personnel Center Section
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