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Federal Benefits. The Air Force Reserve offers many benefits similar to those of Active Duty but with the added opportunity to serve part time, meaning more time to pursue your civilian career, an education and other interests while you serve.
Be at least 60 years of age (or subject to reduction of age for receipt of retired pay- see Benefit Highlights*), and. Must apply for retired pay by submitting an application on-line at the Virtual Personnel Center, or by mail to: HQ ARPC / DPTTR, 18420 E. Silver Creek Avenue, Building 390, MS 68, Buckley AFB, CO 80011-9502.
Basic Pay. Basic Pay is the base salary for a service member on active duty and counts for part of total military income. Basic Pay is electronically distributed on the 1st and 15th of every month, similar to many civilian jobs. Basic Pay for a service member depends on length of service as well as rank (most enlisted airmen enter the Air Force ...
Jan 3, 2024 · National Guardsmen and reserve military service members receive a 5.2% pay increase for drill pay in 2024. The military pay increases go into effect on Jan. 1, 2024. You’ll get your first increased paycheck on Jan. 12, 2024. Here are the 2023 drill pay charts, if you’d like to see how much your pay has increased by dollar amount.
May 2, 2023 · Since retirement points are a key factor in calculating retirement pay and eligibility for retirement, it’s good to understand the definition of a “good year.”. A good year in the Guard or Reserve represents 50 earned points by the service member. Points are awarded for a variety of activities including simple participation (15 points per ...
Age. Must complete 20 years service time (combined, Active and participating Guard or Reserve) before the age of 60. For example, a person serving 4 years active duty and serving in a reserve component for 3 years is eligible to join up to their 47th birthday. Officer: Must obtain commission before 35th birthday.
Individuals approaching their Retirement pay effective date (60th birthday or reduced retirement pay age) should submit an application no earlier than 12 months and no later than 6 months in advance of their retirement pay effective date. The Reserve and Air National Guard “Gray Area” Retiree’s Application Process is as follows: 1.