2022 Retired Military Pay Raise

2022 Retired Military Pay Raise President Biden presented his budget plan for the Fiscal year 2022 on May 28th 2021. As expected the budget proposal contains an increase of 2.7 percent increase in military basic pay.

The new pay rates come into effect on January 1 2022. The new rates will become effective from January 14, 2022 paychecks. The monthly base pay is calculated to the nearest U.S. Dollar.

2022 Retired Military Pay Raise

Pay Grade Years of Service
Less than 2 Over 2 Over 3 Over 4 Over 6
E-7 $3,294 $3,595 $3,733 $3,915 $4,058
E-6 $2,849 $3,136 $3,274 $3,409 $3,549
E-5 $2,610 $2,786 $2,921 $3,058 $3,273
E-4 $2,393 $2,516 $2,652 $2,787 $2,905
E-3 $2,161 $2,296 $2,436 $2,436 $2,436
E-2 $2,055 $2,055 $2,055 $2,055 $2,055
E-1 $1,833 $1,833 $1,833 $1,833 $1,833
E-1

Less than 4 months

$1,695

 

Pay Grade Years of Service
Over 8 Over 10 Over 12 Over 14 Over 16
E-9 $5,789 $5,920 $6,086 $6,280
E-8 $4,739 $4,949 $5,078 $5,234 $5,402
E-7 $4,302 $4,440 $4,685 $4,889 $5,027
E-6 $3,864 $3,988 $4,226 $4,298 $4,352
E-5 $3,498 $3,682 $3,704 $3,704 $3,704
E-4 $2,905 $2,905 $2,905 $2,905 $2,905
E-3 $2,436 $2,436 $2,436 $2,436 $2,436
E-2 $2,055 $2,055 $2,055 $2,055 $2,055
E-1 $1,833 $1,833 $1,833 $1,833 $1,833

 

Pay Grade Years of Service
Over 18 Over 20 Over 22 Over 24 Over 26
E-9 $6,477 $6,791 $7,057 $7,336 $7,764
E-8 $5,706 $5,860 $6,123 $6,268 $6,626
E-7 $5,175 $5,232 $5,425 $5,528 $5,921
E-6 $4,413 $4,413 $4,413 $4,413 $4,413
E-5 $3,704 $3,704 $3,704 $3,704 $3,704
E-4 $2,905 $2,905 $2,905 $2,905 $2,905
E-3 $2,436 $2,436 $2,436 $2,436 $2,436
E-2 $2,055 $2,055 $2,055 $2,055 $2,055
E-1 $1,833 $1,833 $1,833 $1,833 $1,833

 

Pay Grade Years of Service
Over 30 Over 34 Over 38 Over 40
E-9 $8,152 $8,560 $8,989 Make room
E-8 $6,759 $6,759 $6,759 Retire!!