Many Sailors and Marines receiving sea pay will see an extra bump in their bank account each month due to an increase in career sea pay and career sea pay premium (CSP-P), approved March 4th, 2014 by the Secretary of the Navy.
“This change to career sea pay will both improve critical sea-duty manning and reward those who take these challenging sea-going assignments. This increase is long overdue and is meant to reward our Sailors and Marines for their continued sacrifices as part of ‘America’s Away Team’,” said Ray Mabus, Secretary of the Navy.
Here’s what Sailors need to know:
1. All Sailors, enlisted and officer, with three or more years of total career sea duty will see their sea pay increase by 25 percent.
2. The current $100 career sea pay premium (CSP-P) will double to $200.
3. Career sea pay premium (CSP-P) is an extra payment for Sailors with more than 36 consecutive months on sea duty.
4. In lieu of receiving CSP-P, Sailors and Marines in grades E5-E9 with eight years of cumulative sea duty receive a higher CSP rate equivalent to receiving CSP-P whenever assigned to a ship regardless of consecutive sea time.
5. Pending final coordination with the Defense Finance and Accounting Service, it is expected that the new CSP rates will take effect early this summer. An announcement on the exact date is forthcoming.