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Mar 9, 2023 · Divide your grand total career point count by 360 (because your pay is based on 30-day months) and multiply by 2.5% (or 2.0%) to come up with your service multiplier. For example, 2134 points / 360 * 2.5% = 14.82%. That’s your service percent multiplier, just as an active-duty retirement at 20 years would be 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.
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Oct 31, 2023 · By law, there is a cap on the number of inactive duty points that can be accrued for retirement in a given year. Reserve year ends on or after 30 Oct 2007: max of 130 Points. Reserve year ends on or after 29 Oct 2000: max of 90 Points. Reserve year ends on or after 23 Sep 1996: max of 75 Points.
For Active Service Retirement questions or concerns please contact CW5 David Edwards or myself. CW5 DAVID EDWARDS – AGR MANAGER - 609-562-0882. david.b.edwards3.mil@mail.mil. MSG JENNIFER CARTER – NCOIC AGR BRANCH – 609-562-0151.
Oct 6, 2022 · 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...
Feb 9, 2024 · Calculate your National Guard or Reserve retirement. 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.
Sep 22, 2023 · 7200 points divided by 360 = 20 years of active duty service. 2.5% x 20 years = 50% Read more about reserve retirement on the OSD website. CSB/REDUX. If you retired under CSB/REDUX, your retired pay multiplier will be reduced by 1 percent for each full year.