You need solid legal advice on both of these criteria before you can count on the numbers. As mentioned in the post above, once you have your Notice Of Eligibility letter then there are two ways to receive a pension from the Reserves or Guard. I’m trying to get a ballpark idea of my reserve retirement pay when I turn 60 this November. The medical retirement will not have the pension reduction that’s part of the TERA calculation, so you should see how the MEB process turns out before requesting TERA. I am eligible for reduced retired pay in Nov 2019 due to active duty performed after January 2008. ?There is no personal from my old unit to contact…Thank You…. I did make O-5 and now am less than 18 months from retirement. As an 0-4 with 7 years active and 13 projected reserve years, I’ll only have 3205 points after 20 years. Those Soldiers with the eligible U.S. codes can accrue reduced-age retirement as follows: During any fiscal year, Soldiers can accrue 90 days of early retirement. One loophole to this involves commissioned officers. I was re-reading your reply and I notice you noted *after* 3 years at Lt Col. The 2008 NDAA initially required each 90-day qualifying period to be served within the same fiscal year. Here’s a longer answer to your question, although I’m afraid GubMints has also not heard of any civil-service programs leading to earlier Reserve retirement: https://the-military-guide.com/maximizing-your-civil-service-computation-date/. You’ll get a good year when you earn 50 points (or whatever minimum your service requires that year), but you’ll also have to perform sufficient drills and remain current on your readiness for mobilization: medical, dental, physical fitness, and online training. One good conversation with a gentleman there actually to me to send a copy of my orders to them and they will correct them, enough said. My pay base date is 6/87 so at that point I will have 29.5 years for pay purposes which at my current pay grade of O3E has me maxed out at $6880. My discharge DD-214 shows E-7 as my discharge grade, my discharge was R-1 Honorable. It’s the inset box which includes the text “Unfortunately, no documentation was available to explain the purpose or rationale for the 15 membership points. Once you have 20 good years and your Notice Of Eligibility, then you can retire awaiting pay. Retired pay is calculated based on a figure derived from the average of the last 36 months of basic pay for the approved retired grade (highest grade satisfactorily held), and from the length of service (longevity) prior to reaching age 60. Instead of referring him to one of the many Military Retirement Calculators online, … That describes the non-regular retirement formula (including a bunch of footnotes) for your rank and years of service. More info on that is at: https://themilitarywallet.com/national-guard-and-reserve-early-retirement-age/ ) You’re also right that you start with the years of longevity as though you’d been on active duty all the way up to the start of your pension. AUSN’s website doesn’t even have a calculator for the High Three Reserve retirement. Your Guard unit will either approve the waiver or coordinate with the Army’s National Guard Bureau to make sure you have your 20 good years logged by December 2020. So1826* .426 = $777 a month (estimated- before tax, SBP, RCSPB, etc). I was told that upon reaching retirement age (60) my pay would be based on E-7 as this was my highest rank attained. I don’t know whether there’s a statute of limitations on that. That would raise your pension. We at The-Military-Guide are never going to try to fix that problem. We're sharing what we've learned and paying it forward – but you have to make your own decisions. However if you’re injured during a mobilization for combat duty under these conditions (either in training or in the combat zone) then your time in a Warrior Transition Unit also counts toward the 90 days. DoD requires that your pension be deposited directly in your financial account, so you’ll also need to check that they enter your account numbers correctly. Any number of combinations that add to 90 days would count. This is the most popular post on the blog every week for over five years. Serg, here’s a more detailed answer (with dollar figures) at this post: https://the-military-guide.com/tera-early-military-retirement-reserve-retirement/. By enlisting before 6 Sep 1980, your retirement comes under legacy rules that today’s personnel staffs may not see very often. An estimate of your 2017 pension is: 11,313 / 360 x 2.5% x $7844.70 = $6165/month. Thanks, gotta love a comment from anyone named “Moondoggie”! I also have 25 yrs for retirement purposes now with a RYE date 06/08. My total points is 6522 but only 6214 for retirement. The relevant part of federal law is 1370(d)(3)(A): https://www.law.cornell.edu/uscode/text/10/1370 “(A) In order to be credited with satisfactory service in an officer grade above major or lieutenant commander, a person covered by paragraph (1) must have served satisfactorily in that grade (as determined by the Secretary of the military department concerned) as a reserve commissioned officer in an active status, or in a retired status on active duty, for not less than three years.”. If I recall correctly, a point was valued at .38 when I retired in 2007 so you can see the yearly COLA raise we enjoy as gray area retirees. In addition, you may have been paid at the wrong longevity rates for the last 17 years. Any other combination of dates meant that you’d only accumulate three 90-day periods. Excellent question, Lisa! Once you verify the dates of your 2008 NDAA deployments, the start date for your pension might be later (closer to your MRD) than I’ve forecast. If you’re eligible for a Guard – Reserve retirement, then let me repeat the questions & answers so that you can confirm your math. I have 4,046 points as of today which equates to 11.239 years of service, and that equates to a .281 pay multiplier. You are on active duty orders, wearing a uniform, and getting paid. (Not many gray-area retirees have an account.) (Or an alert reader will let us know here on the blog.) For example, 2134 points / 360 * 2.5% = 14.82%. It takes a certain amount of discipline (and free time) to keep up with the pace of correspondence courses to reach a good years’ worth of points, and if you can only access the website from a distant Reserve Center then you’re not going to be happy. Naval Academy (or other service academies) are not eligible for summer training credit. Great article and I really enjoyed reading the comments and questions of others. I served 4.5 years on active duty. My apologies if you already know this, but hang on to your records until your pension starts. Perhaps you can help with this issue… I heard a Reservist’s “grey period” could be reduced (start receiving retirement pay before age 60) by becoming a Civil Servant employee after separating from Active Duty (but transitioning into the Reserves with no break in service). I’m concerned that the Army may terminate my service as soon as I reach age 60 which could just be a few months before I complete 20 good years. My calculations indicate $3727.45 a month based upon the 2017 chart. I’m going to forward your comment to GubMints.com. Another says that a good year is a good year. Your blog helps enormously!!!! By retiring at MRD and immediately starting your Reserve O-5 pension (instead of starting it years or decades later), you had months of O-6 pay which were higher than your O-5 retirement rank. For more information, please see our Advertising Policy. O-5 with 32 years is $8876 (using the old 2016 table) x .3697 = $3281. I began Basic Training in April 1983. You have to have 36 months of pay charts (the years you turn ages 60, age 59, age 58, and age 57). You have to pay for health insurance through March 2021. When you retire awaiting pay (not “discharge” or “separation”) then your pension is calculated for: 1. My age now is 61, when can I apply? https://www.dfas.mil/retiredmilitary/plan/estimate.html. Thanks, Tom, it’s been the blog’s most popular post for nearly eight years! Several amendments have been proposed to retroactively extend this benefit to September 11, 2001, but none of these modifications have yet been approved by Congress. Great article! That’s considered operational active duty, and that’s only approved by OPNAV. By 2018 you’re an E-7>32 years whose base pay is $5291.40. I can not find any references. Keep in mind that although your pension could start at age 59, Tricare will still only start at age 60. Related articles: Retiring from the Reserves and National Guard Estimating your retired military pay Air Force Reserve retirement website Army Reserve retirement website Comparing an E-7 active-duty pension to an E-7 Reserve pension Options for a Guard or Reserve Retirement Using Reserve & Guard Retirement Calculators To Estimate Your Military Pension.