Military Pay and Pensions | USAGov
https://www.usa.gov/military-pay
Also called High-36 or “military retired pay,” this is a defined benefit plan. You’ll need to serve 20 years or more to qualify for the lifetime monthly annuity. Your retirement benefit is determined by your years of service. It’s calculated at 2.5% times your highest 36 months of basic pay. Final Pay: based on 50% of basic pay after 20 years of service plus 2.5% more for each additional year. For members who began service before Sept. 8, 1980. High-36: based on 2.5% times the highest 36 months of basic pay. For members who began service after Sept. 7, 1980. Disability: based on the percentage of disability rating or years of service, whichever is higher. For members who are medically retired. CSB/REDUX: based on 40% of basic pay after 20 years of service plus 3.5% more for each additional year. For members who opted for a $30,000 bonus at 15 years of service. Blended Retirement System: based on 2% times the years of service plus a Thrift Savings Plan with government matching contributions. For members who joined service after Jan. 1, 2018 or opted in.
Final Pay: based on 50% of basic pay after 20 years of service plus 2.5% more for each additional year. For members who began service before Sept. 8, 1980.
High-36: based on 2.5% times the highest 36 months of basic pay. For members who began service after Sept. 7, 1980.
Disability: based on the percentage of disability rating or years of service, whichever is higher. For members who are medically retired.
CSB/REDUX: based on 40% of basic pay after 20 years of service plus 3.5% more for each additional year. For members who opted for a $30,000 bonus at 15 years of service.
Blended Retirement System: based on 2% times the years of service plus a Thrift Savings Plan with government matching contributions. For members who joined service after Jan. 1, 2018 or opted in.
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