The 2024 military pay chart is up 5.2% from last year and is a significant raise for active duty service members. Military pay accumulation begins the very first day of initial training whether basic training or boot camp. Your pay is directly deposited on the 1st and 15th of every month.
Military Pay Chart 2024
The military pay chart for 2024 contains an increase of 5.2 percent over the previous year: this is likely to bring a very meaningful compensation boost to currently serving members of the active duty force. Military pay, starting from day one, begins during initial training, such as basic training or boot camp.
Payments are direct-deposited into your account on the 1st and 15th of every month. If these dates fall on a weekend or holiday, your pay will be deposited earlier. How much you earn is based on your rank and time in the service, it’s the same for all branches and for all jobs within those branches. The pay chart below applies to all active duty personnel.
- SSA Compassionate Allowance List
- August Social Security Payments
- SSA Social Security Retirement Benefits
- Social Security Disability Insurance Payments 2024
2024 Military Pay Rates by Rank
Basic Pay is the base pay of service members and is determined by rank and time in service. The table below outlines basic pay of enlisted personnel (E-1 through E-9) and officers (O-1 through O-10).
Enlisted Members
Rank | Pay Grade | Monthly Basic Pay (with 3 years of service) |
Private (E-1) | 2 | $2,017.20 |
Private First Class (E-2) | 3 | $2,261.10 |
Specialist (E-3) | 4 | $2,680.20 |
Corporal (E-4) | 5 | $3,197.40 |
Sergeant (E-5) | 6 | $4,076.40 |
Staff Sergeant (E-6) | 7 | $4,387.80 |
Sergeant First Class (E-7) | 8 | $5,281.20 |
Master Sergeant (E-8) | 9 | $6,166.20 |
First Sergeant (E-9) | 10 | $7,224.00 |
warrant Officers
Rank | Pay Grade | Monthly Basic Pay (with 3 years of service) |
Warrant Officer (W-1) | 1 | $4,252.50 |
Chief Warrant Officer (W-2) | 2 | $5,167.80 |
Chief Warrant Officer (W-3) | 3 | $6,273.00 |
Chief Warrant Officer (W-4) | 4 | $7,454.40 |
Chief Warrant Officer (W-5) | 5 | $8,753.40 |
Commissioned Officers
Rank | Pay Grade | Monthly Basic Pay (with 3 years of service) |
Second Lieutenant (O-1) | 1 | $3,826.20 |
First Lieutenant (O-2) | 2 | $4,760.70 |
Captain (O-3) | 3 | $6,063.60 |
Major (O-4) | 4 | $8,684.10 |
Lieutenant Colonel (O-5) | 5 | $11,334.00 |
Colonel (O-6) | 6 | $15,000.00 |
Brigadier General (O-7) | 7 | $18,491.70 |
Major General (O-8) | 8 | $18,491.70 |
Lieutenant General (O-9) | 9 | $18,491.70 |
General (O-10) | 10 | $18,491.70 |
These are base pay rates and do not include allowances, bonuses, or other forms of military compensation. Actual pay can vary based on factors such as years of service, location, and special duties.
Key Components of the Military Pay Chart
The military pay chart is an illustrative table where the rank, rank grade, and time in service are used against the basic pay of a military person. It is a simple tool for calculating salaries of active military members.
Key Features
The military pay chart includes the following components:
- Rank: Enlisted Ranks
- Enlisted ranks are from Private (E-1) to Sergeant Major (E-9).
- Warrant Officer Ranks: These are the technical specialty ranks, from Warrant Officer, W-1, to Chief Warrant Officer, W-5. Commissioned Officer Ranks: From Second Lieutenant, O-1, to General, O-10, these are the leadership positions.
Pay Grade
- Every rank listed above is further fragmented into pay grades. Pay grades simply denote that the person, at some given point in time, has reached a next higher level of some sort of seniority or experience in that particular rank.
- A pay grade has a corresponding salary scale. The higher the pay grade is, the higher the salary scale is.
Basic Pay
- This is the basic component of the pay chart.
- Base salary is what is given at a certain rank and pay grade. It increases with time in service and is also inflated yearly, considering other economic factors.
Time in Service
- If someone has served in the military for a longer period, there likely will be a higher pay grade and salary attached to this service.
- Most probably, time is considered in years. Many times, people are given appraisals connected to a certain year gap.
Location
- Pay is distinguished from military pay based on the location of duty.
- Duty stations in high cost-of-living areas may include an add-on allowance in their salary offer to help compensate for the added costs of residing in that area.
Special Pay Options
- Some jobs or duties may be eligible for extra pay or bonuses.
- Some examples are hazardous duty pay, foreign language proficiency pay, and special forces pay.
Allowances
- In addition to base pay, there are several other special pays and allowances:
- Common allowances include the following:
- Basic Allowance for Housing (BAH): It is in line with housing expenses.
- Basic Allowance for Subsistence (BAS): aids in covering up expenses on food.
- Uniform Allowances: helps defray the cost of.
- Family Separation Allowance: A stipend paid during times when family members need to suffer through ongoing separation due to military obligations.
- Other allowances: Such as relocation allowances, hazardous duty pay, and foreign language pay.
Benefits
The military has a very comprehensive benefits package, which includes:
- Healthcare: Health insurance coverage is through TRICARE.
- Retirement: Military retirement includes a pension system and a savings component.
- Education: G.I. Bill provides educational benefits.
- Housing: Potential housing available through options presented by the Department of Defense is vast.
- Life Insurance: Members of the armed services have a right to life insurance.
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