What is sea Duty incentive Pay?
Sea Duty Incentive Pay (SDIP) is designed as an incentive for Sailors to voluntarily fill gapped billets at sea by remaining on sea duty past their prescribed sea tour (PST) or curtailing their shore duty to return to sea early.
Is sea duty incentive pay taxable?
If a Sailor is in a Tax Free Zone during the month that the SDIP Page 13 is signed, the payment will normally be Tax Free regardless of when it is paid.
What is VSDP Navy?
The Voluntary Sea Duty Program (VSDP) is a voluntary program that encourages Sailors from all ratings and all pay grades to serve on Type 2/3/4 activities (subject to eligibility requirements and restrictions) to extend their enlistment in their current sea duty billet beyond their prescribed sea tour (PST), to …
How much is the Navy reenlistment bonus?
The Navy has made 78 more ratings eligible for a reenlistment bonus of up to $100,000 in fiscal 2021, and increased payouts for 14 more — but the bonuses for 51 skill sets already eligible will decrease and 44 ratings have been eliminated from the program, according to the service.
Is sea pay special pay?
Sea pay premium is a special pay that is in addition to career sea pay and is paid for unusually long periods of continuous sea duty. A member entitled to career sea pay who has served 36 consecutive months of sea duty becomes entitled to sea pay premium for the 37th and consecutive months of sea duty.
How is sea pay calculated?
The daily rate of pay is calculated as three percent of the monthly rate of an individual paygrade. Cumulative sea time only increases one day at a time as well. By law, monthly CSP can’t exceed $750 — few sailors actually earn that much.
What is Navy sea pay?
Career Sea Pay for enlisted members can range from a monthly rate of $60 to $805 depending on your paygrade and how many years of sea time you have. Sea pay is paid to members assigned to ships or to commands that are deployed onboard a ship.
How do I leave Navy command early?
Sailors can submit their early separation requests to Commander, Navy Personnel Command via their commanding officer. Because EETP is voluntary, sailors are not required to state a reason when requesting to separate, the release said.
How do I return to sea duty early?
Sailors who wish to cut short their shore duty and return to sea early should contact their detailers and apply at least 6-9 months prior to their desired detach date. Sailors who choose to leave shore early must make a commitment at least 6 months prior to their regular rotation to be eligible for the SDIP.
How much is military bonus taxed?
Military bonuses are subject to taxation at the time of payment. Past rules (mentioned earlier in this article) issued by the Internal Revenue Service required the Defense Accounting And Finance Service (DFAS) to withhold 25% of that bonus (later reduced to 22%) on payment.
How is Navy reenlistment bonus calculated?
Navy SRB Guidance as of December 2018 The Navy’s Selective Reenlistment Bonus is calculated by multiplying your basic pay (times) number of SRB eligible months reenlisting for (divided by 12) then multiplied by the SRB award level for your zone.
Are you eligible for sea duty incentive pay?
Twenty-three new ratings/paygrades were added to the list of those eligible to receive Sea Duty Incentive Pay for extending a current tour or returning to sea early. A growing number of Sailors are now eligible to extend their time on active duty and take advantage of a special incentive pay.
What is special special pay in the Navy?
Special pays such as this are vital to ensure the right people are in the right billets as part of the Sailor 2025 initiative. MyNavy HR is committed to using monetary and non-monetary incentives to manage the Navy’s diverse and high performing talent.
How does SDIP work in the Navy?
Once the Sailor submits an SDIP request and it is approved, the Sailor will sign an SDIP contract and receive a lump sum SDIP payment upon reporting to their new SDIP assignment. Those who do not fulfill their SDIP commitment will pay back the unearned portion of their SDIP lump sum.
Can you extend your time on active duty in the Navy?
A growing number of Sailors are now eligible to extend their time on active duty and take advantage of a special incentive pay. The Navy has added 23 new ratings/paygrades to an already extensive list of those eligible to receive Sea Duty Incentive Pay (SDIP) for extending their current tour at sea or returning to sea early.