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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.
Time spent in active duty military residencies, however, counts toward active duty retirement. Upon graduation, the students are promoted to the grade of O3, corresponding to the rank of captain in the Army and Air Force or lieutenant in the Navy; medical school graduates may be placed on active duty if matched for residency at a military facility.
A direct commission officer (DCO) is a United States uniformed officer who has received an appointed commission without the typical prerequisites for achieving a commission, such as attending a four-year service academy, a four-year or two-year college ROTC program, or one of the officer candidate school or officer training school programs, the latter OCS/OTS programs typically slightly over ...
In the United States, the National Defense Cadet Corps (NDCC) was the forerunner to the current Junior Reserve Officers' Training Corps (JROTC) program and is essentially identical to it with just one exception: The NDCC is funded internally by the schools that opt for a military training system like JROTC but without any financial assistance from the Department of Defense.
Earning a military retirement is a well-deserved benefit for service members who've dedicated themselves to the United States and protecting it from threats. It's been a valuable incentive for...
Although many American corporations have done away with a traditional pension system, the U.S. military has not. If you've put in long years of service with the U.S. Armed Forces, you're entitled ...