For example, pay increase benefits you get after four years in the Marines, put you at about $2,714 per month at the rank of E-4, compared to $2,330 to $2,582 for less time in service at the same rank, according to 2021 pay tables.
When you sign you will serve 4 yrs of active duty. You then have a choice to re-enlist or get out of the Marine Corps. This is called the end of active service, however you are still obligated to serve 4 years in the inactive ready reserve.
What are the benefits of being in the Marines? The U.S. military offers a competitive salary, military housing or housing allowance, food allowance, free uniforms, medical care for you and your family, educational benefits, retirement plans, and affordable life insurance.
Staff Sergeant (E-6) - 4 years TIS. Gunnery Sergeant (E-7) - 6 Years TIS** Master Sergeant (E-8) - 8 years TIS.
You must generally serve at least 20 years on active duty or in the reserves to qualify to receive retirement pay, also called a military pension, from the Marine Corps. The 20-year minimum applies whether you serve as an officer or enlisted member.
For example, pay increase benefits you get after four years in the Marines, put you at about $2,714 per month at the rank of E-4, compared to $2,330 to $2,582 for less time in service at the same rank, according to 2021 pay tables.
Service members have access to two different retirement vehicles: A pension, which is only available to those who retire after at least 20 years of service.
After 20 years of active-duty service in the Marine Corps, Marines earn retirement benefits and a pension, which enables retirement at an earlier age than what is offered through most civilian opportunities.
Generally, military housing is provided for all service members, whether they're living on or off base.
Service members and their families can use Space-Available flights – formally known as Military Airlift Command or MAC flights – to travel around the country and world at little or no cost.
Some units will get a 72 or 96-hour off-duty time to spend with their family. After the initial 72-96 hours off, most units will remain on duty at the base for about 2 weeks. Those two weeks will include working hours as well as briefs for transitioning out of a combat zone back into the US.
Most first-term enlistments require a commitment to four years of active duty and two years of inactive (Individual Ready Reserve, or IRR). But the services also offer programs with two-, three- and six-year active-duty or reserve enlistments.
Total service commitment ranges from four to six years.
§1252.
—Unless retired or separated earlier, each regular commissioned officer of the Army, Navy, Air Force, or Marine Corps covered by subsection (b) shall be retired on the first day of the month following the month in which the officer becomes 64 years of age.
In addition, for Marines who remain in the Marine Corps through retirement, their medical benefits extend throughout their lifetime.
Basic Allowance for Subsistence (BAS) pays for the cost of a military member's meals when dining at their permanent duty station. Although BAS is meant to offset the cost of a member's meals, it doesn't cover the costs of meals for family members.
Your retirement benefit is determined by your years of service. It's calculated at 2.5% times your highest 36 months of basic pay.
Can You Live Off Military Retirement Pay? The short answer is, yes, absolutely. But it takes a lot of planning to make this work. A good friend of mine, Doug Nordman, wrote the book, The Military Guide to Financial Independence and Early Retirement, and founded the website, The Military Guide.
Military Health Care Benefits
TRICARE, the military's health insurance program, may still be available after you retire from the service. However, you must enroll in the TRICARE retiree health plan within 90 days of your separation to maintain these benefits. Veterans Health Care through the VA never expires.
Generally, you must have 90 days or 24 months of active service (depending on when you served) to qualify. *You are also eligible if you previously completed 24 continuous months of active service prior to the date above, or received an early discharge under Section 1171 of Title 10.
After a minimum of 2-years service at that rank, marines can receive a pay raise. If their performance merits it, they can receive a second in-rank pay raise after a total minimum of three years at this rank. But there is no scheduled pay raises after the second in-rank increase.
Our current retirement system consists of a 20 year cliff vested annuity (a defined benefit plan). This means that if you enter the Marine Corps and serve for at least 20 years, you will earn a monthly retirement annuity for the remainder of your life.
As of Jan 4, 2023, the average monthly pay for a Marine in the United States is $1,913 a month. While ZipRecruiter is seeing monthly salaries as high as $3,208 and as low as $917, the majority of Marine salaries currently range between $1,208 (25th percentile) to $2,583 (75th percentile) across the United States.