Most Popular Military Pay Articles

  • Airman helping service member with paperwork
    Military Pay Charts for 2017
    Military.com
    The military will either see a 1.6% or a 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.
  • USCG house in Alameda
    Basic Allowance for Housing Rates
    Military.com
    Each year the Basic Allowance for Housing (BAH) is updated to meet current housing costs in military housing areas (MHAs).
  • 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.

Overseas Extension Pay

Calendar

The military may offer certain servicemembers an added incentive for extending their overseas tour. Called Overseas Extension Pay, this special incentive comes in three forms.

Overseas Extension Pay Eligibility

Entitlement to this Special Pay or Bonus is based on the following conditions and is at the discretion of the the military service branch:   

  • Member has an entitlement to basic pay
  • Member is serving in a duty specialty
  • Member has completed  an overseas tour of duty at a specific location
  • Signing an agreement at the end of the tour of duty to extend for at least one additional year.

Overseas Extension Pay Rates

Depending on the needs of the military, members can choose one of the following three forms of Overseas Extension Pay.

  • Up to $80.00 a monthly special pay. - or -
  • Up to $2000.00 annual bonus payable in lump sum or monthly installments. - or -
  • Special Rest & Recuperation (SR&R) for 30 days - or-
  • A period of SR&R for not more than 15 days and round-trip transportation from the location of the extended tour of duty to the nearest port within CONUS or an alternate destination not to exceed the cost to the nearest CONUS port and return (For personnel completing an overseas duty tour of 12 months or less) - or-
  • A period of SR&R for not more than 20 days and round-trip transportation from the location of the extended tour of duty to the nearest port within CONUS or an alternate destination not to exceed the cost to the nearest CONUS port and return (For personnel completing an overseas duty tour longer than 12 months)

Note: Only one method can be selected, cash or SR&R.

Related Topics

Special Pay Military Pay

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