2022 Military Reserve Pay Chart And Benefits Guide

Serving in the military reserve can be a rewarding and challenging experience. Not only do reservists have the opportunity to serve their country, but they also receive a range of benefits and pay. In this article, we will explore the 2022 military reserve pay chart and benefits guide, providing you with a comprehensive overview of what to expect.

Understanding Military Reserve Pay

Military reserve pay is based on a combination of factors, including the individual's rank, time in service, and the number of drill periods attended. Drill periods are typically one weekend per month, and there are usually 12 drill periods per year. In addition to drill pay, reservists may also receive additional pay for special duties, such as flying or hazardous duty.

2022 Military Reserve Pay Chart

The 2022 military reserve pay chart is as follows:

Rank	Time in Service	Monthly Drill Pay
Private (E-1)	2 or less	$223.50
Private (E-1)	Over 2	$247.20
Private First Class (E-2)	2 or less	$247.20
Private First Class (E-2)	Over 2	$273.40
Specialist/Corporal (E-4)	2 or less	$316.80
Specialist/Corporal (E-4)	Over 2	$341.60
Sergeant (E-5)	2 or less	$387.90
Sergeant (E-5)	Over 2	$413.70
Staff Sergeant (E-6)	2 or less	$476.40
Staff Sergeant (E-6)	Over 2	$503.10
Sergeant First Class (E-7)	2 or less	$573.10
Sergeant First Class (E-7)	Over 2	$600.80

Military Reserve Benefits

In addition to pay, military reservists also receive a range of benefits, including:

Education Benefits

The Montgomery GI Bill Selected Reserve (MGIB-SR) program provides education benefits to reservists who have signed a six-year contract. Benefits include:

Up to 36 months of education benefits
Monthly stipend of up to $362
Can be used for college, vocational, or technical school

Healthcare Benefits

Reservists and their families are eligible for healthcare benefits through TRICARE, which includes:

Medical, dental, and pharmacy coverage
Access to military hospitals and clinics
Coverage for dependents

Retirement Benefits

Reservists are eligible for retirement benefits after 20 years of service, which includes:

Monthly pension
Access to military bases and facilities
Use of VA home loan guarantee

Additional Benefits

In addition to the benefits mentioned above, reservists may also be eligible for:

Home Loan Guarantee

Reservists may be eligible for a VA home loan guarantee, which provides:

Competitive interest rates
Lower or no down payment
No mortgage insurance premiums

Food and Housing Allowance

Reservists may be eligible for a food and housing allowance, which provides:

Monthly stipend for food and housing
Tax-free allowance

Special Pay

Reservists may be eligible for special pay, which includes:

Hazardous duty pay
Flying pay
Dive pay

How to Join the Military Reserve

To join the military reserve, you will need to meet the eligibility requirements, which include:

Being a U.S. citizen
Being between the ages of 17 and 35
Meeting physical and medical standards
Passing the Armed Services Vocational Aptitude Battery (ASVAB) test

You will also need to choose a Military Occupational Specialty (MOS) and attend basic training and advanced individual training.

Conclusion

Serving in the military reserve can be a rewarding and challenging experience. With a range of benefits and pay, reservists can serve their country while also pursuing their civilian careers. Whether you are looking for education benefits, healthcare benefits, or retirement benefits, the military reserve has something to offer. We hope this guide has provided you with a comprehensive overview of the 2022 military reserve pay chart and benefits.