How much is retirement pay for a E-8?

The retirement pay for an E-8 (Master Sergeant or First Sergeant in the Army, for example) varies based on years of service and the retirement plan under which they are retiring. Generally, retirement pay is calculated using a percentage of the service member's base pay, which is typically around 50% to 75% of their highest 36 months of basic pay, depending on years of service. As of 2023, an E-8 with 20 years of service could expect a monthly retirement pay in the range of $3,000 to $4,000, but this amount can vary based on specific circumstances and additional benefits.