Most Popular Military Pay Articles

  • Airman helping service member with paperwork
    Proposed Military Pay: Charts
    Military.com
    The military is looking at a potential 2.1% pay raise for 2017.
  • Military Pay Charts
    2017 Military Pay Charts
    Military.com
    Check out the 2017 US military pay scale charts for all ranks for active duty, as well as Reserve and Guard components.
  • Marine retirement
    The Military Retirement System
    Military.com
    The following is a summary of what you need to know regarding Military Retirement pay benefits.
  • Vietnam veterans Robert Rivers and Daniel Brown
    COLA for Retired Pay
    Military.com
    Each year military retirees receive a Cost of Living Adjustment to their retirement pay. The increase is based on inflation rates.
  • Army Reserve logo
    Military Reserve Retirement
    Military.com
    National Guard & Reserve members who complete a minimum 20 qualifying years of service become eligible for retired pay at age 60.

Navy Officer Nuclear Career Bonuses

boomer sub 428x285

An individual who is selected for officer naval nuclear power training for duty in connection with the supervision, operation, and maintenance of naval nuclear propulsion plants may be paid a bonus not to exceed $50,000.

Nuclear Career Annual Incentive Bonus

Under regulations prescribed by the Secretary of the Navy, an officer of the naval service who:

  • Is entitled to basic pay;
  • Is not above the pay grade O-6;
  • Has completed his initial obligated active service as an officer;
  • Has, as a commissioned officer, successfully completed training for duty in connection with the supervision, operation, and maintenance of naval nuclear propulsion plants; and
  • Has current technical qualifications for duty in connection with the supervision, operation, and maintenance of naval nuclear propulsion plants;

may be paid an annual bonus in an amount not to exceed $30,000 for each nuclear service year.

Related Topics

Special Pay Military Pay Calculator

Military News App by Military.com

Download the new Military.com News App for Android on Google Play or for Apple devices on iTunes!

Featured VA Loan Articles

  • VA Loan Closing Costs: An Added Benefit
    Besides the advantage of requiring no down payment for qualified VA borrowers, there's also a distinct advantage for the borrow...
  • White suburban home.
    IRRRL Facts for Veterans
    Military.com
    IRRRL stands for Interest Rate Reduction Refinancing Loan,also known as a "Streamline" or a "VA to VA" loan.
  • US Map Showing High Cost Counties
    VA Loan Limits for High-Cost Counties 2017
    Military.com
    The VA loan limit for 2017 is $424,100. But it could actually be substantially more if you buy a home in a high-cost county. Se...
  • Get the FAQs on VA Home Loans
    We've answered 16 of the most frequently asked VA Loan Benefit questions. View them now to get a quick understanding of your be...
  • Top 3 VA Home Loan Tips
    There are numerous advantages to having a VA mortgage. A VA mortgage loan can be guaranteed with no money down, in some cases u...
© 2016 Military Advantage