Get Handbook For Survivors - U.s. Coast Guard - Uscg

The estimated total pay range for a Retired Military at US Coast Guard is $64K–$105K per year, which includes base salary and additional pay. The average Retired Military base salary at US Coast Guard is $82K per year.

Those who do have a number of benefits available to them, including retirement pay (which begins at age 60), "Space-A" travel, survivor benefit plan, SGLI, PX/BX/Commissary privileges, transient billeting and legal assistance. Some states offer additional benefits for their retired Guardsmen.

The Survivor Benefit Plan (SBP) allows a retiree to ensure, after death, a continuous lifetime annuity for their dependents. The annuity which is based on a percentage of retired pay is called SBP and is paid to an eligible beneficiary. It pays your eligible survivors an inflation-adjusted monthly income.

As a Coast Guard spouse, you are accustomed to juggling a lot of responsibilities. Frequent moves, long deployments, family obligations, and finding a job that suits your schedule, just to name a few. The list is long!

Members who accumulate 20 or more years of active service are eligible for retirement. There are three non-disability retirement plans currently in effect for active duty retirees. These are Final Pay plan, High-36 Month Average plan, and Military Retirement Reform Act of 1986 (more commonly referred to as REDUX) plan.

Coast Guard members and their families are entitled to pay, access to the base commissary and exchange, family assistance, health care, a generous leave policy, travel opportunities and if the Coast Guard becomes a career, retirement. Active duty members are paid twice a month.

OWCP Death Benefits - If there are no dependent children, the surviving spouse's monthly compensation is 50% of the employees pay. If there are dependent children, the surviving spouse will receive 45% of the employee's pay and each dependent child is entitled to 15%.

Retirement Benefits The military is one of the few employers in the United States to offer a true pension. This means that after you complete 20 years of service and retire, you receive a monthly annuity (payment) for the rest of your life.