Guam Recommendation for Partner Compensation

State:
Multi-State
Control #:
US-L05042
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

The Schedule for the Distributions of Earnings to Partners assures that all factors to be considered are spelled out in advance of such decisions. It lists the minimun participation amounts and defines what the term "normal participation" means. It also discuses fees and benefits for each partner.

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FAQ

To cover housing expenses on Guam, military personnel receive Overseas Housing Allowance (OHA). OHA is different from state-side Basic Allowance for Housing (BAH), in that you don't get to keep what's left of your allowance that you don't spend on rent.

If a member is serving an UNACCOMPANIED overseas tour, the member is eligible for BAH at the "with dependents" rate, based on the dependent's US residence ZIP Code, plus OHA at the "without dependents" rate, if the member is not furnished government housing overseas.

As a military service member in Hawaii, one of the essential benefits you receive is the Basic Allowance for Housing (BAH).

The 2023 Basic Allowance for Housing rates, as part of a robust military compensation package, continue the member cost-sharing element at five percent of the national average housing cost by pay grade. These amounts vary by grade and dependency status and range from $82 to $184 monthly for the 2023 rates.

The average net payment in 2024 is $518, which is approximately 3.4 percent more than the comparable average per-member, per-month payment in 2023. These rates renew and continue the historic investment to increase behavioral health reimbursement rates that began January 2023 by Oregon Legislature's.

With Naval Base Guam in the southern side and Anderson Air Force Base in the northern part, there are an estimated 7,000 U.S. troops deployed and living in Guam. Active duty members who are stationed overseas and are approved to live off-base at government expense receive an Overseas Housing Allowance (OHA).

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Guam Recommendation for Partner Compensation