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All military retirements are protected from inflation by an annual Cost of Living Adjustment (COLA), based on changes in the Consumer Price Index (CPI) as measured by the Department of Labor....
Find out if you are eligible for a pension if you retire from a career in the military, and learn about the factors that affect your retirement benefits.
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.
Helpful Tips & Tools for Retirees New to Retired Pay - Download and Share! We have helpful tips for you if you are new to Retired Pay: Quick links to the pay calendar, information about taxes and SBP, the VA Waiver, CRDP, CRSC, and more!
You may be qualified for U.S. Military Retirement if you: Served on active duty in the U.S Army, Navy, Air Force, Space Force or Marine Corps for a period of 20 years or more; or Retired medically from the U.S. Army, Navy, Air Force, Space Force or Marine Corps.
Military Retirement Calculators 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.
Use our free military retirement calculator to estimate your monthly and annual High 3 or Blended Retirement System payments.
Military members who began their years of active duty or reserve service before Sept. 8, 1980, are eligible for a retirement pension. The amount is calculated by computing 50% of basic pay...
Members who accumulate 20 or more years of active service are eligible for retirement. There are three non-disability retirement plans currently in effect for active duty retirees. These are...
You must serve for at least 20 years to qualify for Army pension benefits. After retiring from at least 20 years of service, active-duty Soldiers can start pension pay at any age they choose. Army Reserve and Army National Guard Soldiers can start pension pay after turning 60 years old.