If you elect higher SBP payments on your death your monthly payments while you are alive will be … Attn: US Navy. Washington DC 20350-1200 For people in the military, pay ranged from $1,531.50 per month up to $19,762.50 per month, as of 2014. There are two methods for determining the retired pay base. Are your TSP contributions and life insurance premiums being properly deducted? Sailors serve in one of over 100 occupational specialties and require a high school diploma or GED. Pay at the lowest rank for those in training status is considered low compared to those on active duty; just under $1300 per month according to the 2009 enlisted military pay chart. I will show you how to get your 1st $550 annual fee waived in my Ultimate Military Credit Cards course The Amex Gold card is annual fee waived for military.It's even better than the Amex Platinum for everyday spending on dining and groceries.. Military Money Manual has partnered with CardRatings for our coverage of credit card products. Send Rate/Rating, First and Last Name, and UIC data only. The high-36 method is the average of the highest 36 months … 1200 Navy Pentagon. Officers have four year degrees and are trained in one of dozens of specialties [including aviation, ships, submarines, and support] and lead and manage Sailors. Your SBP coverage can be any amount from full coverage down to as little as $300 a month. My Navy Call Center: (833) 330-MNCC or (901) 874-MNCC; or askmncc@navy.mil IMPORTANT: When emailing information to the help desk, ensure PII information is encrypted. : I am currently in the midst of a FCP chapter and I’ve tried to do research but have turned up blank on how much they pay you for each day of leave that u sell back. The following are pay scales for Marines with less than three years of service at the given rank, beginning with soldiers at rank E-2. Is the amount accurate for your situation? The final pay method, as the name implies, establishes the retired pay base equal to final basic pay. How much leave do you … I signed paperwork without realizing what it meant and now I can’t take it as terminal leave. How much will I get paid for my 22.5 days of leave that I’m selling back? I have to cash in. Officer. They are the final pay method and the high-36 month average method. ailing information to the help desk, ensure PII information is encrypted. Chief of Information. Enlisted marines entering the service at the lowest rank, E-1 (Private) receive $1,514 per month for the first four months of service and thereafter $1,638 per month. Using the same example of a service member who retired after 25 years, if their highest three years of income involved two years (24 months) at $4,000 per month and one year (12 months) at $4,150 per month, they would receive 62.5% of $4,050 per month in retirement, or $2,531.25: [(24 x 4,000) + (12 x 4,150) / 36] x 62.5%. 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