What kind of retirement pay does someone get if they retire in the reserves?

PO3 Private RallyPoint Member — Wed, 06 Nov 2019 00:04:00 -0500

I did thirteen years active and I got forced out due to HYT. I have the chance to go Army as an officer. If I opt for retirement at my twenty what would my retirement be at age 60? How do I calculate the estimated monthly rate for a retired reservist with active duty service time? Also how does having VA disability impact retirement pay when I do retire? I appreciate any help anyone can give me.

Response by CPL Gary Pifer made Nov 6 at 2019 12:46 AM

CPL Gary Pifer — Wed, 06 Nov 2019 00:46:08 -0500

It all depends on your points at the time you ETS or de-comission. (13 x 365) + min (7 x 75) .. normally you can double dip getting both VA disability and retirement..but as of today you must have 20 years.. to get both... you can't get both VA and Reserve pay... as they will deduct the VA pay.. you can also drill for just points.. no pay... but the danger is with..a high disability... the won't enlist you .. commission. As you have to be deployable.. or the VA may cut end or denie ..your disability...claiming your.. not disabled if you're Army deployable. Read US code... Title 38 regarding Reserve Retirement..Army and VA regs... regarding double dipping, deployability.. etc.. It might be wise if you can go active or AGR..and get a active retirement... 7 years... Also you might think about staying past 20 years to age 60... your recruiter should be able to give you a rough estimate.. in today's dollars..

Response by CPT Andrew Wright made Nov 6 at 2019 12:46 AM

CPT Andrew Wright — Wed, 06 Nov 2019 00:46:42 -0500

Similar circumstances: Retired after thirteen years active duty and completed twenty in the National Guard and Reserves. My retirement pay is $2500 per month as a Captain. Luckily got to start it at age 56 due to post 9-11 deployments. Hope this helps.

Response by CWO4 Brook Kelsey made Nov 6 at 2019 1:02 AM

CWO4 Brook Kelsey — Wed, 06 Nov 2019 01:02:40 -0500

Petty Officer seek help from your local VFW. Those lawyers can get expensive.

Response by CAPT Kevin B. made Nov 6 at 2019 1:17 AM

CAPT Kevin B. — Wed, 06 Nov 2019 01:17:30 -0500

There are retirement calculators on the web. Just remember that your base pay will be that for your grade/years when you turn 60. If you are less than 50% disabled, you'll get the disability pay, but your retirement will be offset (reduced). Net gain is some tax savings. Also when you're done, make sure you transfer to the retired reserve. DO NOT resign. Retirement will be based on pay at that date, not 60. If you do go civil service, you don't have to worry about a retirement reduction with a reserve retirement as that is under a different US Code. I was able to do 10% TSP (add 5% matching) for 27 years. That worked out to be a tidy number. At 59 1/2, roll your TSP into commercial management to get another 2-3% earnings with the same risk. It's just a matter of creating your future every day. BTW lots of state and local governments have similar retirement plans to the TSP that they contribute to as well. If you don't go with the Feds, make sure you continue your SGLI. It's cheaper than other stuff. If you do go Fed, do the math and see if continuing SGLI, getting FEGLI, or both makes sense. I racked up a 15 year equivalent retirement based on over 30 so that's nothing to sneeze at. That would be 37% of the base. Do the same for some other career, that's another 30-40%. Do 401/TSP and that's another 20-25%. I suggest the goal is to quit at 60 and give yourself a pay raise for quitting. That's what I did.

Response by CPT Lawrence Cable made Nov 6 at 2019 7:03 AM

CPT Lawrence Cable — Wed, 06 Nov 2019 07:03:01 -0500

OK, people seem to be dancing around what you want to know. Reserve pay is based on total years of service calculated as any active duty time, plus all your retirement points earned in the reserve divided by 360. You have to get 50 points for a good year, but membership points, AT and Drill Weekends alone should put you at 78 points. As an Officer, you will do more duty than the minimum. So with 13 years and 78 points per year, you would retire at 36.25% of your top three years. However, there is a bit of a catch since you have over 10 years enlisted. Officers have to serve at least 10 years as commissioned to retire as an Officer. So you would need to do over 23 years, or you retire at your top three enlisted years. Yes, it sucks, but that's the rules.
If the VA Disability rating isn't combat related, you have to offset that amount from your military retirement. Disability isn't taxed, so it's generally smarter to do it that way, but talk to your VA rep before pulling the trigger on that one.

Response by SCPO Private RallyPoint Member made Nov 6 at 2019 3:18 PM

SCPO Private RallyPoint Member — Wed, 06 Nov 2019 15:18:24 -0500

It's all dependent upon the number of satisfactorily completed years one has (points total) and their highest rank at retirement. Just enlisted alone, one could net about $1000 a month.

Response by CW4 Craig Urban made Nov 7 at 2019 1:22 AM

CW4 Craig Urban — Thu, 07 Nov 2019 01:22:39 -0500

Based on points. It is called a gray card. I have a Medical Service Corp LTC who lives in my same condo here in Bangkok. He gets about 2200 USD a month. I get triple that

Response by CW4 Craig Urban made Nov 7 at 2019 1:23 AM

CW4 Craig Urban — Thu, 07 Nov 2019 01:23:52 -0500

Do your twenty and retire.

Response by SSG Rick Austin made Nov 7 at 2019 9:21 AM

SSG Rick Austin — Thu, 07 Nov 2019 09:21:32 -0500

Yes it is... many NG, AR members do not understand this. While you are ACTIVELY receiving a NG/Res. pay check, your VA disability allotment is decreased by that exact amount.

Response by SSG Private RallyPoint Member made Nov 7 at 2019 9:33 AM

SSG Private RallyPoint Member — Thu, 07 Nov 2019 09:33:48 -0500

The one thing some forget and overlook is at age 60 you become eligible for health insurance as well, with most corporations starting to delete health insurance from their retirement plans, that is something to consider.

Response by SGM Frank Marsh made Nov 7 at 2019 9:23 PM

SGM Frank Marsh — Thu, 07 Nov 2019 21:23:59 -0500

formula: pay is based on current active duty pay at age 60 for your last held rank (Pay). Total retirement points divided by 360 = equivalent years (years). years X 2.5% = Percent (percent). so your retirement pay would be (Pay) X (percent) = gross monthly salary

Response by Joseph Arnold made Nov 8 at 2019 7:03 AM

Joseph Arnold — Fri, 08 Nov 2019 07:03:47 -0500

When my father was discharged (honorably) in '98 . Some time passed, he want to VA and they said he wasn't on their books. Long story short they somehow lost his paperwork. So, after long 2 years of litigation he got almost 40% of what was due for him. I'm just disappointed in that system. Now he spends most of his days playing craps with his buddies or just sitting home playing at https://rocketpayz.com/fr/ (we're of french descent) my grand-grandfather came to US during the great depression. Almost died on the way. Fought in Revolution. My father gave all his adult life to serving this great country.

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