U.S. Military Officer Benefits
Aside from the opportunity to serve your country, being part of the U.S. military provides plenty of benefits. These range from educational grants to call allowances. Moreover, it is not only the individual in the military who reaps in the advantages but also his family members.
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Health
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One of the most important aspects of being in the U.S. military is keeping fit. As such, officers on active duty receive full coverage at all military and dental facilities. If there are treatments a military institution cannot provide, the officer will be referred to specialists while still being covered by the military's health insurance.
Insurance
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U.S. military officers can participate in Servicemembers' Group Life Insurance, a program that gives officers the opportunity to avail themselves to life insurance at a low cost. This is available not only to officers but also those in the Public Health Service, cadets and other individuals who qualify. Once a person becomes a member of this program, he is insured for a certain amount. Additionally, an officer can be insured against injury. Through Traumatic Injury Protection, financial assistance can be given to those injured.
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Financial
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U.S. military officers receive compensation based on their rank as well as time served. In computing salaries, it is important to take into consideration available allowances, such as those for housing and cost of living. Officers often receive a salary increase annually to defray changes in everyday prices. In addition, some officers are entitled to a cost-of-living allowance if they are stationed in areas where things are more expensive.
Educational
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Officers of the U.S. military are given the opportunity to pursue further education though several programs. One option helps pay off college loans. Another way financial aid is given is through programs such as the Montgomery G.I. Bill, which exchanges a small deduction on the annual salary for educational benefits that can be used during or after active service.
Family
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It is not only the officer who receives benefits. Immediate family members are included in the advantages. One of the most significant is the privilege of choosing between living on base and receiving a housing allowance for use off base. Family members can also get full medical and dental care at minimal costs or even for free. In addition, they can take advantage of educational benefits. For example, the Department of Defense offers Military Spouse Career Advancement Accounts, which provide military spouses help with advancing their careers.
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