Ads
related to: applying for military reserve retirement paydiscoverpanel.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
Military retirement in the United States is a system of benefits designed to improve the quality and retention of personnel recruited to and retained within the United States military. These benefits are technically not a veterans pension, but a retainer payment, as retired service members are eligible to be reactivated.
The restrictions, however, do apply to the four of the other five reserve components just as it does with their active duty military counterparts. Militia and Reserve. While the National Guard is a militia force organized by each state, it is also a reserve federal military force of the United States Armed Forces.
The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military service member.
Under the High 36 Retirement System, retirees with 20 years of service will receive 50% of their base pay, or 20 years x 2.5% per year. Those opting for the CSB bonus will receive 40% instead.
Because uniformed military reserve status is a pre-condition of their employment as DAFC civil servants, ARTs, specifically senior officers and senior enlisted, are typically exempt from the mandatory retirement dates for their military pay grades and are retained in uniform until reaching civil service retirement eligibility, notionally at age 60.
Pennsylvania. Rhode Island. South Carolina. West Virginia. Wisconsin. The following states exempt a portion of military retirement pay: Colorado, Delaware, Georgia, Idaho, Kentucky, Maryland ...
Ads
related to: applying for military reserve retirement paydiscoverpanel.com has been visited by 10K+ users in the past month