Sailors, Marines Receive Sea Pay Raise

Wednesday, 05 Mar 2014 08:06 AM

By Elliot Jager

  Comment  |
   Contact Us  |
|  A   A  
  Copy Shortlink
U.S. sailors and Marines will receive a sea pay increase for the first time in more than a decade, Stars and Stripes reported.

U.S. Navy Secretary Ray Mabus announced that the rise, which kicks in this summer, could mean additional sea pay of up to 25 percent.

The increase is pegged to the value of the dollar in 2001. The Bureau of Labor Statistics reports that you need $1.32 in 2013 to buy what $1 bought in 2001.

"Those sailors and Marines on sea duty, deployed away from home around the world, are the backbone of the Navy and Marine Corps and enable us to provide and maintain our global presence," Mabus said in a news release. "This increase is long overdue."

Also, sailors and Marines with more than 36 consecutive months in a sea billet are to have their incentive premium career pay boosted from $100 to $200 a month, depending on their rank and how much time they have been at sea.

About 100,000 sailors receive career sea pay with about 13,000 eligible for career sea pay premium. The Navy projects the tab will come to $66 million in additional annual spending.

Related Stories:

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact Us  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Retype Email:
Zip Code:
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Clippers CEO and Shelly Sterling to Testify

Tuesday, 22 Jul 2014 07:16 AM

Richard Parsons, the interim CEO of the Los Angeles Clippers, is due to step into the battle of billionaires going on in . . .

Detroit Retirees Back Pension Cuts by a Landslide

Tuesday, 22 Jul 2014 06:59 AM

Detroit's emergency manager is praising workers and retirees who approved pension cuts as a way to get the city out of b . . .

Tony Dungy Draws Flak for Saying Wouldn't Have Drafted Gay Player

Monday, 21 Jul 2014 23:00 PM

Former Super Bowl-winning coach and NBC football analyst Tony Dungy is under fire for saying he would not have drafted M . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved