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Use our free retirement calculator to estimate your monthly and annual payments. Who is Eligible for National Guard/Reserve Retirement? All active duty servicemembers and Reserve Component (RC) members are eligible for military retirement as long as they meet certain requirements.
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. Retired Pay Formula.
The retired pay base for a qualified reserve retirement under the Final Pay plan is the monthly basic pay determined at the rates applicable on the day of retirement at the highest grade...
Welcome to the Department of Defense High-3 Calculator. This calculator is designed to assist Service members in projecting their pension under the Hi-3 retirement plan.
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 the years of creditable active federal...
Your retirement pay and when you are eligible to claim it changes drastically depending on your status at retirement. So, if you are currently on active duty but plan to retire in the Reserve Component, then make sure to use our Reserve/Guard calculator.
Calculate your National Guard or Reserve retirement. Active-duty service members usually receive their pension at 20 years, which in Guard or Reserve lingo, equates to 7,200 points. You can do an easy calculation to find your "equivalent years of active-duty service" by dividing your points by 360.
You can get a solid estimate in less than five minutes using free retirement pension calculators for the High-36 and Final Pay legacy retirement systems offered by the Defense Department. Here’s how to use them — and what you can do to adjust the outcomes to fund your future retirement lifestyle.
National Guard or reserves may qualify for the Blended Retirement System and can estimate potential retirement payments with the BRS military pay calculator.
If you are in the National Guard or the Reserve, you earn points toward retirement while serving part-time and when called to active service. You qualify for military retirement as a member of a Reserve Component once you have reached 20 creditable years of military service.