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.

The Selective Retention Bonus

oath of enlistment

The Selective Retention Bonus (SRB) program is a monetary incentive paid to enlisted members to encourage reenlistments and retention in critical military skills to sustain the career force in those skills.

Bonus award levels are adjusted as needed to ensure the services are retaining the correct quantity and critical skill mix to optimize their ability to accomplish the mission. The higher SRB amounts usually go to the more difficult positions to fill. You must also be at least an E-3 or above to get a SRB.

The current maximum SRB is $25,000 per year or reenlistment, making the maximum SRB payable $100,000 for a 4 year reenlistment. You may qualify for up to 2 SRBs in your military career for a maximum total of $200,000.

The bonus is usually paid in a lump sum or 50% paid at the time of reenlistment. The remaining bonus amount is paid in equal annual installments.

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Featured VA Loan Articles

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    IRRRL Facts for Veterans
    Military.com
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    VA Loan Limits for High-Cost Counties 2017
    Military.com
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