How Much Do Military Officers Make
Basic pay is the salary officers receive and depends on rank and time in service.
How much do military officers make. Let s assume i worked a normal 40 hours per week took 2 weeks of leave per year and therefore worked 2000 hours in 2018. Under the final pay plan an officer s monthly retirement payment is equal to the pay received on the final month of service plus a multiplier of 2 5 percent of the base pay for each year of service. Base pay accounts for only part of a soldier s total income.
The national average salary for a military officer is 91 647 in united states. Much like enlisted personnel the commissioned officer military pay chart is based on time in service and rank. According to the pay in effect for 2010 an officer in the army makes between 2 745 60 and 18 675 30 per month.
Army officer basic pay rates this pay table is used to determine the monthly basic pay for commissioned officers in the army. How much does a military officer make. How much you will make in the military is a little more complicated than a normal hourly or salaried schedule.
Officers typically spend at least 17 years in the military before promoting to o 5. These resources will help you. As an o 3 captain military officer i made about 47 per hour in 2018.
Retired military officers that entered the service before september 8 1980 are only eligible to participate in the final pay plan. How much do military officers make an hour. Officers enjoy all of the same benefits as enlisted soldiers including outstanding health care and access to college loan repayment programs you can also fly for free on a space available basis through the army earn thousands of dollars in signing and skills bonuses and extra pay for joining specialized schools.
As officers move up in rank and increase their time in service their pay goes up accordingly. Salary estimates are based on 606 salaries submitted anonymously to glassdoor by military officer employees. To determine your pay rate first choose your paygrade from o 1 to o 10 and then find the row that corresponds with your number of years experience in the army.