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Military retirement in the United States is a system of benefits designed to improve the quality and retention of personnel recruited to and retained within the United States military. These benefits are technically not a veterans pension , but a retainer payment, as retired service members are eligible to be reactivated.
High Year Tenure (HYT) is a term used by the United States Armed Forces to describe the maximum number of years enlisted members may serve at a given rank without achieving promotion, after which they must separate or retire. [1]
Service members entering the military before Jan. 1, 2006 remain in the legacy retirement system. Service members entering the military on or after Jan. 1, 2018 are automatically enrolled in the BRS.
A veteran's pension or "wartime pension" is a pension for veterans of the United States Armed Forces, who served in the military but did not qualify for military retirement pay from the Armed Forces. It was established by the United States Congress and given to veterans who meet the eligibility requirements. Along with payments, they are also ...
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Retirees are furnished with the DD 214, though a U.S. military retirement is not characterized as a discharge as retirees may be recalled to active duty, under certain circumstances, until they have achieved a total of 30 years of service. The DD 214 is a summary of military service. It contains total time in service, dates of entry and ...
As such, they are not officially listed a federal uniformed service, as defined by U.S. law. However under the authority of the president and the secretary of transportation, the service still commissions officers to serve as administrators and instructors at the United States Merchant Marine Academy and the state maritime academies. [19]