A Major with two years experience or less will earn $4,221.90 a year and $140.73 per drill. Find out which military friendly banks and credit unions pay early. The pay amount for a single drill would be equal to 1/30th of the 2021 active duty basic pay. At retirement, the Reservist would have a point count of eight years of active duty, 10 years of drills, and two one-year mobilization periods. The fifteenth is the mid-month pay and includes pay due from the 1st through the 15th of the month. There are many other ways to earn additional money in the Army though allowances, bonuses and educational benefits. Eligibility and e-Benefits Info Force Development Air Reserve Component Field Orientation Education Recognition (Formerly Awards and Decs) Casualty Assistance Deployments & Activation Accessions Contact HQ RIO. An officer of the same rank with between three and four years of experience will earn $5,213.40 in base pay and $173.78 per drill. Reserve members are paid twice a month. Your LES are available through the myPay system: 2018) FICA Percentages, Maximum Taxable Wages, and Maximum Tax (Posted Dec. 2018) Foreign Language Proficiency Bonus (Posted Dec. 2018) Hardship Duty Pay - Location (Posted Mar.. 2021) The new pay scale takes effect on January 1, 2021. If they retired in 2016, this calculator sets their pension at $1,546.00/month or … Guard and Reserve Categories Services. The Final Pay plan uses a multiplier % that is 2½% times the years of creditable service. Monthly Critical Skill Incentive Pay Rates for Air Force Enlisted Flyers (Posted Oct. 2019) Submarine Duty Pay (Posted Sept. 2019) Dive Duty Pay Rates (Posted May . 2021 drill pay; Based on four drills, equal to a typical "drill weekend", the basic pay amounts are rounded to the nearest U.S. dollar and are for the Reserve and Guard components of the Navy, Marines, Army, Air Force, and Coast Guard. The Student Loan Repayment Program is an Air Force Reserve program that makes one annual payment, per qualifying loan account number, directly to the lending institution toward the balance of an individual’s student loans. 2021 Reserve Component Paydays. Their total would be at least, 8×365 + 10×75 + 2×365 = 4400 points. This builds on a 2020 pay increase of 3.1%. Unit Training Pay is only part of your total pay as a Soldier in the Army Reserve. AFRC Public Affairs : AF Reserve Recruiting Directorate: AFRC Inspector General: 155 Richard Ray Blvd, Bldg 211 Robins AFB, GA 31098-1815 478-327-1748 or DSN 497-1748 • not be entitled, under any other provision of law, to retired pay from an armed force or retainer pay as a member of the Fleet Reserve or the Fleet Marine Corps Reserve; and • must apply for retired pay by submitting an application to the branch of service you were assigned to at time of your discharge or transfer to the Retired Reserve. 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