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  2. VA benefits include disability compensation, pension, home loan guaranty, education, health care, insurance, vocational rehabilitation and employment, and burial. QUALIFYING SERVICE IN THE NATIONAL GUARD AND RESERVE.

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  3. Feb 21, 2023 · To learn more about medical benefits in retirement, select this link: Retiree Medical Benefits. For dental care, the member may purchase the TRICARE Retiree Dental Program for personal and family coverage.

    • How Is Retirement calculated?
    • Formulas For Computing Retired Pay
    • Blended Retirement System
    • Keep Up with Military Pay Updates

    A qualifying year is a year in which the member earns at least 50 retirement points. Inactive point credit is earned for inactive duty training, reserve membership, equivalent instruction, and correspondence courses. By law, members may receive credit for up to 60 inactive points for retirement years that ended before Sep. 23, 1996, up to 75 inacti...

    If you first entered the military before Sep. 8, 1980: Compute your retired pay based on length of service by multiplying the basic monthly pay for your retired grade at the time of retirement by t...
    If you first entered a uniformed service between Sep. 8, 1980 and July 31, 1986: Compute your retired pay using the same formula as the Final Pay system above, except you use the average basic pay...
    Your years of service are used to determine the value of each point. Your retirement points are multiplied by the approximate value of a point to   produce the estimate monthly retired pay value. F...

    Reservists are also eligible for the Blended Retirement System effective Jan. 1, 2018. The Blended Retirement System does not change how retirement points are calculated for members of the National Guard and Reserve. Points are still earned by participating in drill, attending annual training and completing active duty, among other eligible categor...

    Military pay benefits are constantly changing. Make sure you're up-to-date with everything you've earned. Subscribe to Military.comto receive updates on all of your military pay and benefits, delivered directly to your inbox.

  4. Jan 6, 2023 · Retiring from the Guard or Reserves has some similarities to an active duty retirement, but there are some very important differences, including when you will receive your military pension, how much you will receive, when you will receive health care coverage under TRICARE, and a few other important differences.

  5. Eligibility. Reservists must have completed 20 years of qualifying service to be eligible for retirement. A qualifying year of service is a complete retirement year in which the member...

  6. These benefits may include education benefits, home loans, insurance, disability compensation, and pension. How this resource helps. The VA offers benefits to veterans and service members that they can use while in service and after they separate from the military. The VA provides benefits you can use in service and after you separate.

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