(That’s completely separate requirement from three years’ time in grade.) Medical or disability retirements are another possibility but way beyond the scope of your question. Most officers find out about this opportunity years (even decades) after their NROTC summer training. I was considering applying for sanctuary next year, before my high tenure 11/2017. The January 2019 High Three average would be: [($11,599.80 x 1.02) + (12 x $11,599.80) + (12 x $11,328.00) + (11 x $11,094.90) ] / 36 = $11,361.36 and your new pension amount would be $3813/month. This means that you have to serve three years’ time in grade to retire at the rank of O-5 (waiverable down to two years) but you do not have to worry about MRD. If he has a significant degree of disability then he’ll receive a portion of his pension from the Veteran’s Administration, and your divorce agreement may not cover that situation. I know you have to be in a reserve status called to active duty for the reduction to occur. It cleared up my retired pay questions One thing I didn’t see mentioned was that about 4 months before a gray area naval reservist turns 60 they should receive a package to be completed and returned to NPC. 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. The “problem” is that most officers are given an active duty service date (the date that they actually started active duty as an officer) of the day they’re commissioned. Any number of combinations that add to 90 days would count. Here’s what the Association of the U.S. Navy website says about High Three Reserve retirement in one of their articles. So since December my retirement has not been correct period. If that happens then you’ll get less than $1975/month. Even though you could apply for retirement when you’re around 23 years of service, your pension would be calculated from the maximum longevity column of the future pay tables in effect when you start drawing your pension, Greetings Doug, I read several comments in your blog about calculating final basic pay. I’ve read the references and checked them with an expert, but I haven’t personally gone through the process. Please let us know how it works out so that we can spread the word in an updated blog post! Whata PITA to calculate. I elected to “retire awaiting pay” as I saw that the financial upside was worth the possibility of being re-called. Just wondering. Harold, I’m a little unclear on some of the jargon like “inactive duty”, “hip pocket orders”, and “duffel bag”. This site may be compensated through the advertiser Affiliate Program. If there is anyone with the actual knowledge and not just a thought, would you please email me at: spirit902@gmail.com or even call me at 901-496-8092 I am a former SSGT with 4.5 Years time in grade. (https://www.law.cornell.edu/uscode/text/10/1370) It’s not clear whether that law requires a Reserve/Guard member to earn good years for their time in grade, but the specific answer seems elusive. (O-5 and above require three years’ time in grade, which can be waived down to two years, in order to retire at that higher rank.) They have a “Contact us” form that you fill out with the pertinent data, and then AUSN’s staff calculates the pension amount by hand. The earlier retirement only applies to the Reserve pension and not to Tricare. Once you have 20 good years and your Notice Of Eligibility, then you can retire awaiting pay. I’m currently on a MEB procedure can I qualify to request early retirement. In your case they should also pay you for the months you’ve already missed back to your 60th birthday. This is when your Pay Entry Base Date is used. Eddie’s post on the process can help you walk through the paperwork and decide whether it’s still a good deal: http://gubmints.com/2013/03/26/gubmints-comprehensive-military-service-credit-deposit-guide/, If you haven’t already seen the DFAS part of the process for making your payments, here’s their page: https://www.dfas.mil/civilianemployees/militaryservice/militaryservicedeposits.html. Second, make sure now that your official service records are accurate. Third, based on the info I have give and your knowledge, what is a ballpark figure for my retirement? When you retire awaiting pay (not “discharge” or “separation”) then your pension is calculated for: 1. Basically, I want my ID card to still show the rank I reached even though I realize I’ll receive retired pay based on the next lower rank at which I did meet TIG. Will look forward to your future posts. Retire in March 2021 as an E-8>36 with 4146 points and start your pension immediately. I’d suggest you begin with a current copy of the OPM FERS Handbook. In your case, the key is making sure that your current service has a complete record of your officer service. If you received your first military ID card before 8 September 1980 (Navy Reserve) then your retirement system may be Final Pay. 33 years implies that you joined in 1984 (High Three) but you may have joined earlier and had some interrupted service. d. A letter from the ROTC Unit CO certifying the actual dates of summer training. If you’re passed over you may still have to apply for TERA, and there’s no guarantee that you’ll be accepted. The drill weekend for an O-5>22 in 2018 is $1237.36 and one drill is $309.34. c. Ship’s Deck Logs or Ship’s Diaries, which show the dates the member (by name) embarked and debarked. Federal law Title 10 U.S. Code section 1401.a(f)(2): https://www.law.cornell.edu/uscode/text/10/1401a The Financial Management Regulation (DoD 7000.14-R article 0304: https://comptroller.defense.gov/Portals/45/documents/fmr/current/07b/07b_03.pdf Public Law 103-337 (search for the keyword “Tower”): https://uscode.house.gov/view.xhtml?path=/prelim@title10/subtitleA/part2/chapter71&edition=prelim. You retired awaiting pay in 2007 as a NG E-7 with 21 years of service, and your longevity advances (until your pension starts) just as if you were on active duty the entire time. Soldiers who’ve demonstrated substandard performance are an exception, for instance. Should I retire using the NDAA service or wait until age 60? I’m also wondering about how my High 3 will be calculated. I don’t use point valuation factors because they’re frequently approximated or even outdated. Anyway, I was honorably discharged from the USAF Reserves in 2006, and I joined the US Army reserves as an E5. I then spent an entire day downtown going through their test and the recruiter never contacted me and over a month later said that I was denied the next day and he did not feel the need to inform me.

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