Retirement

PO2 Private RallyPoint Member — Fri, 25 Jul 2014 02:07:24 -0400

What's the deal with our retirement now? We can't get it until 65 even if we do 20 now?

Response by CMC Robert Young made Jul 25 at 2014 2:57 AM

CMC Robert Young — Fri, 25 Jul 2014 02:57:07 -0400

That's one I heard was being considered but had not yet passed the vote in Congress. The version I read grandfathered all of us who are already in, and that any change would be communicated to those who entered the service after the effective date of the new retirement system.

Definitely an issue worth watching...

Response by Private RallyPoint Member made Jul 25 at 2014 3:04 AM

Private RallyPoint Member — Fri, 25 Jul 2014 03:04:45 -0400

That is asinine.

Response by MAJ Robert (Bob) Petrarca made Jul 25 at 2014 9:00 AM

MAJ Robert (Bob) Petrarca — Fri, 25 Jul 2014 09:00:36 -0400

I think their needs to be 1 standard for retirement benefits, if its good for one group its good for all groups. Here's what the people who decide military pensions get. Judges get 100% retirement. Don't even get me started on local law enforcement and firefighters in our state, the majority of whom retire with "disabilities" and make more retired than on the job.

http://www.senate.gov/CRSReports/crs-publish.cfm?pid='0E%2C*PLC8%22%40%20%20%0A

Response by 1SG Michael Blount made Nov 25 at 2014 5:27 AM

1SG Michael Blount — Tue, 25 Nov 2014 05:27:02 -0500

Back in '91-92, there was a gray area retirement the Army offered people with at least 15, but less than 20 years' service. Has that been re-instituted? I have a couple Soldiers pestering me with that question and the best answer I can give right now is "I don't know". IMHO, that's the worst answer in the world.

Response by 1SG Michael Blount made Sep 17 at 2015 2:26 PM

1SG Michael Blount — Thu, 17 Sep 2015 14:26:55 -0400

Army's saying if you're 60 with 20+ years, you're out. If you don't have 20 years by age 60, you have until age 62 to fix it. Either way -- you're history, bub

Response by LTC Mark Overberg made Jan 2 at 2018 8:47 PM

LTC Mark Overberg — Tue, 02 Jan 2018 20:47:48 -0500

Not true. Service members are eligible for an active duty retirement after 20 years of service or less if a medical retirement or TERA is approved. Reserve Component Service members are eligible for retirement at age 60 (assuming they have 20 “good” years) or less is they have qualifying service (normally deployments) or if they have 15 or more years of service but are medically retired.