- Retirees will find a host of benefits waiting upon separation from active duty. These benefits include inexpensive health insurance, naval base shopping privileges and access to military recreation offerings at any United States military base in the world. In addition, the retired Navy veteran will receive retirement pay that is equal to roughly half the active duty base salary, based on rank and length of service upon retirement
- Navy officer veterans who have served during a period of war receive benefits based on honorable service during conflict. Benefits may include preference for federal and state government jobs with proof of honorable service and education benefits, depending on the state in which residency is maintained.
- Navy officer veterans who are injured or become disabled during service receive benefits that other service members may not. These benefits include eligibility for treatment at Veterans Affairs hospitals, disability or medical retirement pay, inexpensive health insurance and special job preference for federal and state government jobs.
- For those separating from active duty Navy officer service, there are fewer benefits, but there are still rewards for honorable service. Often, prior service members are entitled to educational benefits, depending on the state in which they reside. They may also be entitled to state and federal government job preference for a limited period of time after separation.
- Those who separate from active duty Navy officer service may also be eligible for entry into the Navy Reserve. Through membership in the Navy Reserve, members receive benefits such as access to full-time federal government jobs only open to reservists, travel benefits, free health care, base access, eligibility for retirement pay and much more.
