US Navy

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  www.navy.mil

US Navy Benefits

4.4 out of 5 (174 comments)
Most talked about benefits
  • Health Insurance

    "Absolutely free for members. Quality varies significantly depending on the local military hospital and your provider." (51 comments)

  • Vacation & Paid Time Off

    "Plenty of paid days of leave you just cannot always use it when you would like." (42 comments)

  • Retirement Plan

    "The pension isn't much unless you are an officer or E7+ at retirement." (22 comments)

When it comes to financial benefits, the Navy amounts to much more than a competitive paycheck. Like significant tax incentives. Retirement income. And, of course, comprehensive health-care coverage.

Provided by employer [?]

Benefits Summary

  • High % reporting
  • Medium % reporting
  • Low % / No reports
  • * Employer Verified

Insurance, Health & Wellness

Financial & Retirement

  • Pension Plan
  • 401K Plan
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

Employee Comments

  • Dec 22, 2014
    Current Employee in Mechanicsburg, Pennsylvania

    Great federal package with the Navy. Great insurance options

  • Dec 21, 2014
    Current Naval Aviator in Quantico, Virginia

    The best military benefits are the healthcare, education, and retirement. For the service member, healthcare is free, but family pays a small fee. Education benefits are extensive. The Navy fully covered my undergraduate and two graduate degrees through a variety of programs. I also was able to give my wife some of my GI bill benefits. If you have children, you can transfer to them as well. The retirement is great for those who make it. However, 20 years in the military is no easy time, and many people choose to walk away despite the benefits. Even for those who want to stay, many good officers and enlisted are forced out early due to force shaping. Those individuals will receive a severance payment, but absolutely no retirement benefits.

    Be skeptical about the 30 days paid vacation. It sounds great until you realize the fine print. Leave must be approved, so there will be years where you will accumulate leave because you are not given the time to take off work due to deployments or busy schedules. If you don't manage to use it, you will lose it. More frustrating is the fact that they charge leave simply for leaving the local area, even if you are not missing a single day of work. This encourages a lot of people not to travel on weekends or holidays. Also, you cannot combine leave and weekends. If you want to take leave Friday through Monday, you will be charged four days rather than two. In practice, this makes the military leave policy much less competitive than advertised.

  • Dec 18, 2014
    Current Division Director in Arlington, Virginia

    The best thing is the medical coverage, for person and family

  • Dec 18, 2014
    Current AWV2 in Whidbey Island Naval Air, Washington State

    30 days of paid leave is great but hard to use due to operational commitments.

  • Dec 15, 2014
    Current Surface Warfare Officer in Norfolk, Virginia

    You and your family are well taken care of when it comes to medical, dental, and accumulated leave days. TSP is the 401K equivalent.

  • Dec 14, 2014
    Current E-5 in Norfolk, Virginia

    30 days leave per year. Tricare.

  • Dec 14, 2014
    Current Employee in Portsmouth, New Hampshire

    The best part about being on active duty is you don't pay anything for medical, not for you or your family. The Dental program though you do have to pay for and its not the best but for the most part it works for the average needs.

  • Dec 12, 2014
    Current Employee in Newport, Rhode Island

    Military benefits are great.

  • Dec 11, 2014
    Current O6 - Navy - Captain in Libertyville, Illinois

    The best element of my benefits package is comprehensive medical and dental coverage for myself and my entire family. 30 days paid vacation, a 401K plan and a pension after 20 years service are laudable benefits as well.

  • Dec 11, 2014
    Current Employee in Sugar Grove, West Virginia

    Good vacation, OK health, good 401k

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