What’s the Salary of a 5-Star General- Unveiling the Compensation of the Highest Military Rank_1
How much does a 5-star general make? This is a question that often sparks curiosity and intrigue among the general public. In the United States, the highest rank in the military is that of a five-star general, and it comes with a significant salary and benefits package. In this article, we will delve into the salary structure of a 5-star general, as well as the additional perks and allowances that come with this prestigious rank.
The salary of a 5-star general in the United States military is determined by the General Schedule (GS) pay system, which is a system used to determine the pay for civilian federal employees. The GS pay system is divided into 15 grades, with grade 10 being the highest for civilian employees. However, military officers are paid under a separate system that provides higher starting salaries and more generous benefits.
As of the fiscal year 2021, the starting annual salary for a 5-star general is approximately $207,200. This amount is adjusted annually to account for cost-of-living increases. It’s important to note that this figure represents the base pay, and additional allowances and bonuses can significantly increase an officer’s total compensation.
One of the most significant benefits of being a 5-star general is the cost-of-living allowance (COLA). This allowance is designed to help military personnel maintain their standard of living when stationed in areas where the cost of living is higher than the national average. For a 5-star general, the COLA can add tens of thousands of dollars to their annual salary.
In addition to the COLA, 5-star generals are also eligible for a housing allowance. This allowance is meant to cover the cost of living in government-provided housing or to offset the cost of renting or purchasing a home. The housing allowance for a 5-star general can range from $5,000 to $10,000 per month, depending on the location.
Health care is another crucial benefit for military personnel, including 5-star generals. Active-duty officers, their families, and retirees are eligible for comprehensive health care coverage through the TRICARE program. This program provides coverage for medical, dental, and prescription drug costs, and the government pays a significant portion of the premiums.
Furthermore, 5-star generals enjoy generous retirement benefits. Upon retirement, they are entitled to a pension that is calculated based on their length of service and their highest three years of base pay. Additionally, they receive a one-time, tax-free separation pay, which can be substantial, depending on their rank and years of service.
In conclusion, the question “How much does a 5-star general make?” has a multi-faceted answer. While the base salary is approximately $207,200 per year, the total compensation package for a 5-star general is significantly higher when considering additional allowances, bonuses, and benefits. This prestigious rank comes with a substantial financial reward, as well as the honor and responsibility of leading the nation’s military forces.
