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  2. Military Retirement Calculator, Pay & Pension Info | Military …

     
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    How do I calculate my military retirement pay?Know your options and how to calculate your military retirement pay to find out which option is best for you. If you began your military service before Sep. 7, 1980, you’re eligible for the Final Pay Retirement system. Your retired pay is calculated by multiplying your final base pay by 2.5% for every year of service.
    How is retired pay calculated?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. Your gross retired pay is rounded down to the nearest dollar. What is My Retired Pay Base?
    How are retirement points calculated?When you’re in the Reserves or Guard, your time toward retirement is credited on two factors: Each service is a little different in its point calculations. Points accumulate from both active duty and the Reserve/Guard system. 15 retirement points are awarded to Guard and Reserve members for each year of service.
    How much is my military retirement worth?If you serve the full 20 years, your active duty retirement pay would be worth exactly half of your basic pay. 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.
  10. Military Retirement Calculator | High-3 REDUX and Early …

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  12. How To Calculate Reserve or Guard Retirement …

    WEBMay 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

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