Regular Pay
Pay is earned at the rate of one drill (minimum four hours of training) for one day’s pay. In a normal two-day weekend, a reservist earns four days of pay. Full pay and allowances are given for the two-week annual training periods each year.
Future Retirement Pay
Reservists earn credit toward future retirement pay that starts at age 60 following the completion of 20 years of qualifying service. Qualifying service includes the combination of annual training and attending weekend drills. Retired reservists are entitled to medical care, full exchange and commissary privileges, and are allowed to use recreational facilities on military bases.
Group Life Insurance
Reservists may select a full-time term policy up to $250,000 under Servicemembers’ Group Life Insurance (SGLI) for a small monthly fee.
Exchange Store/Commissary Privileges
Naval Reservists and their spouses are entitled to unlimited use of military exchanges (department stores) and limited use of commissaries (grocery stores).
Travel
Space-available travel on military aircraft for drilling Reservists is authorized for upon presentation of a travel eligibility form and identification card. Travel limited to within and between the Continental US, Alaska, Hawaii, Guam, Puerto Rico, Virgin Islands and American Samoa. Worldwide space-available travel is authorized for retired members and eligible dependents.
Promotions
Upward mobility in the Naval Reserve depends on time in grade (rank) and documented professional performance. Even in a part-time status ample opportunity is given to qualify for promotion to a higher grade.
Home-Loan Program
Department of Veterans Affairs Home-Loan Guarantee program is available to Reservists with at least six years of honorable service.