Consolidated Special Pay Profile – Attending with a Multiyear Agreement

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This will be the last pay profile unless there are others people want. If you do want more, use the contact me tab to let me know. I hope they help people understand the new consolidated pay system.

Let’s assume this pay is for an O5 Emergency Medicine (EM) attending at NMC Portsmouth who has been in the Navy for 16 years, is board certified, has dependents, and signed a 4 year multiyear agreement. In other words…me. This is what I should see on my LES:

BASE PAY ­- $8,329.80 (O5 over 16 pay grade from the 2017 Basic Pay Table)

BAS -­ $253.63 (all officers get the same rate)

BAH -­ $2352.00 (O5 with dependents rate in zip code 23708 based on this calculator)

SAVE PAY ­-$4916.66 (IP rate with a 4 year retention bonus of $53K for EM from Table 2 of the Final Navy FY17 Pay Plan PLUS $6K/year of Board Certification Pay = $59K/year paid monthly)

TOTAL – $15,852.09/month

RETENTION BONUS 4 YEAR RATE – $40K paid as a lump sum (from Table 2)

ANNUAL TOTAL – $230,225.08 (hey, somebody has to pay for this blog, right?)

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