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  1. Defined Benefit is. (a) Prior to age 62: 2.5% times the number of years of service minus 1.0% for each year of service less than 30, times the average of the member’s highest 36 months of basic pay. (b) At age 62 and after: 2.5% times the number of years of service times the average of the member’s highest 36 months of basic pay.

  2. Note that the COLA for retired pay is calculated differently than the increase to active duty pay. Thus, retirement pay COLAs and annual active duty pay raises will differ as active duty pay raises will differ. Fiscal Year 2022 COLA Memorandum. Fiscal Year 2021 COLA Memorandum. Fiscal Year 2020 COLA Memorandum. Fiscal Year 2019 COLA Memorandum

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  4. Active Duty Retirement. Members who accumulate 20 or more years of active service are eligible for retirement. There are three non-disability retirement plans currently in effect for active duty retirees. These are Final Pay plan, High-36 Month Average plan, and Military Retirement Reform Act of 1986 (more commonly referred to as REDUX) plan.

  5. immediate non-disability retired pay at any age with credit of at least 20 years of active duty service. Reserve retirees generally must be at least 60 years old and have at least 20 qualified...

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  6. Check out the 2021 US military pay scale charts for all ranks for active duty, as well as Reserve and Guard components. 2022 Proposed Military Pay Raise A 2.7% pay raise has been proposed for 2022 ...

    • 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 inactive points for retirement years ending on or after Sep. 23, 1996 and before Oct. 30, 2000, and up to 90 points in the retirement year that includes Oct. 30, 2000 and in any subsequent year of service. Points from these sources may be added to points earned from active duty and active duty for training for a maximum total of 365 or 366 points per retirement year. Points are credited on the following basis: 1. One point for each day of active service (active duty or active duty for training). 2. 15 points for each year of membership in a Reserve Component (Guard and Reserve). 3. One point for each unit training assembly. 4. One point for each...

    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 categories. National Guard or Reserve members with 20 or more qualifying years are eligible to receive their monthly retired pay starting at age 60 or earlier based on qualifying active service. See our Blended Retirement System page for more details.

    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.

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