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Dividing your points by 360
- Active-duty service members usually receive their pension at 20 years, which in Guard or Reserve lingo, equates to 7,200 points. You can do an easy calculation to find your "equivalent years of active-duty service" by dividing your points by 360.
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Mar 9, 2023 · A retired reserve member converts points to active service equivalents by dividing those points by 360. For example, 7200 retirement points divided by 360 = 20 years of active duty service (2.5% x 20 years = 50%).
May 2, 2023 · For the Reserve component member, determining how much your retirement may be worth can be calculated by dividing total retirement points by 360 and comparing the number to the current military pay charts. Rank and time-in-service will count in this calculation.
A Service member in the National Guard must have completed 20 years of qualifying service to be eligible for retired pay at age 60. A qualifying year is a complete year in which a Service member has earned a minimum of 50 retirement points.
Oct 6, 2022 · Visit the DoD's Retirement Pay Calculator Page to get an estimate of your monthly retirement pay at age 60. Blended Retirement System Reservists are also eligible for the Blended...
Jan 20, 2021 · Your R/R is the date your yearly points start and when the previous year’s points are calculated. For example: Member’s R/R is 5 April. This means that each April all points are calculated from 5...
Sep 22, 2023 · The Department of Defense uses a multi-step formula to compute your retired pay. The amount generally is based on your length of service or your disability percentage. Factors such as the year you entered service and your retirement type also affect your pay. Retired Pay Formula.
