In this case, the accumulated savings from the CSB exceeds the savings of extra retired pay in the High-36 option.This effect occurs because 1) this member has 15 years of earnings accumulated from the CSB before beginning to save the difference between the High-36 and REDUX retirement pay, and 2) as the member served a 30-year career, the retirement multiplier is equal for REDUX and High-36 (and, therefore, the retired pay only differs by the Cost of Living Adjustment). Military Compensation Multiply your years of equivalent service (see equivalent service formula below) by 2.5%, up to a maximum of 75%.
They may also be stationed as staff members assisting higher-ranking officers at Joint Commands. An Admiral is a Flag Officer, with a military paygrade of At sea, Rear Admirals oversee the operations of groups of ships. Admirals hold the highest major Navy Commands, or Combatant or Geographic Commands. This first chart depicts the estimated gross monthly retired payments under both retirement options. Taxes and participation in the SBP are not considered. On this page you can learn more about a Rear Admiral's payscale, the process of becoming a Rear Admiral, and the history of the rank in the United States Navy. Starting pay for a Rear Admiral is $10,999.50 per month, with raises for experience resulting in a maximum base pay of $15,857.40 per month. That would be somewhere anywhere from $7500 to $12000 a month. You need to determine whether your $30,000 CSB at the 15th year will make up for these reductions.In the following chart, the amounts shown are the accumulation of after-tax savings from electing the $30,000 CSB at year 15 compared to the accumulation from saving the after-tax difference in the High-36 (High In addition to basic pay, Admirals may receive additional pay allowances for housing and food, as well as special incentive pay for hostile fire and dangerous duties. An Admiral is considered a Flag Officer, with a paygrade of
But if granted, they must surrender their DOD benefits. The table below lists the equivalent ranks of a Navy Rear Admiral, and their insignia, in the other four branches of the United States' Armed Services.
By contrast, in most nations, the term "rear admiral" refers to an officer of two-star rank. Examples include the Chief of Naval Operations (CNO); the Vice Chief of Naval Operations (VCNO); the Director of the Naval Nuclear Propulsion Program (NAVSEA 08); the Director of Fleet Forces Command (COMUSFLTFORCOM); and the Director of the National Security Administration and US Cyber Command (DIRNSA/COMUSCYBERCOM).Flag-rank officers from any service may be chosen for Joint Commands, such as the Chairman of the Joint Chiefs of Staff (CJCS). Starting pay for a Rear Admiral is $10,999.50 per month, with raises for experience resulting in a maximum base pay of $15,857.40 per month. You can use the simple calculator below to see basic and drill pay for an Admiral, or visit our
The "flagship" is the one which carries the Rear Admiral.Examples of two-star positions include Commander, Submarine Pacific Forces (COMSUBPAC); Commander, Navy Special Warfare Command (NAVSPECWARCOM); Commander, Surface Atlantic Forces (COMSURFLANT).
Use the slider below to calculate the basic pay and drill pay for an O-10 Admiral at varying years in his or her military career. A Rear Admiral is considered a Flag Officer, with a paygrade of
Navy two-star outlines how his command might take SEAL tridents .
A rear admiral in the United States' uniformed services is either of two different ranks of commissioned officers — one-star flag officers and two-star flag officers. 2.
Three Pay) retired pay over the REDUX retired pay. A Rear Admiral is considered a Flag Officer, with a paygrade of This result would vary depending on the rates of return for the CSB savings. They may also be stationed as staff members assisting higher-ranking officers at Joint Commands. On this page you can learn more about an Admiral's payscale, the process of becoming a Admiral, and the history of the rank in the United States Navy.
You can use the simple calculator below to see basic and drill pay for a Rear Admiral, or visit our
An officer in that pay grade with four years in service received $10,269.60 per month in base pay as of January 2012, according to the Navy Times website.
The REDUX jump reflects the cost-of-living catch up adjustment and multiplier re-adjustment at age 62.
Starting pay for an Admiral is $16,441.80 per month. You get an additional 2.5% for each additional year after 20 to a maximum of 75%. The above example is only a simple comparison of the essential differences between electing CSB/REDUX or accepting High-36.