Posted on Jan 12, 2023
Army Announces Plan to Give Some Retirees More Time to Transition Out of the Military
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At this time, the provision is applicable to Regular Army Soldiers only. I engaged DCS G-1 to see if they plan to retroactively allow AGRs to partake in this pilot program. I figured it's worth a shot and I'll report when I receive an answer.
Army Announces Plan to Give Some Retirees More Time to Transition Out of the Military
Posted from military.com
Retirement
Transition
ACAP/Soldier for Life (SFL-TAP)
Posted >1 y ago
Responses: 2
Is this something people have been asking for or just something the Army thought was a good idea? I think it's good as long as you have buy in from the SM
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MSG (Join to see)
It's a mixture of both. I think it's beneficial to the Army from a PCS standpoint and the Soldier from a transition standpoint. Let's see what happens!
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@MSG Thomas Gould
..."Through the new program, the Army is asking potential retirees to drop their retirement packets at around the same time they start the TAP, and well in advance of their separation date.
“Most people feel like they need a lot more time,” one soldier in the report told GAO researchers.
“Preparing to transition is like being on a train going 120 miles an hour,” they said. “The whole process has been totally overwhelming.”
It is unclear whether the announcement is a direct result of the GAO report, but the Army’s program appears to grapple directly with its feedback.
“The vast majority of soldiers say that they did not start soon enough and then rushed to complete their retirement preparation,” the retirement planning section of the Army’s Soldier for Life website says, emphasizing that the December version of the retirement planning seminar linked on its website is separate from the overall TAP classes.
Over 46,000 soldiers transitioned out of the military between April and March last year, according to the GAO report. The Army recommends that potential retirees should start planning their transition three years away from their prospective separation date by gathering information on post-Army careers or schools and starting a transitions savings fund."...
..."Through the new program, the Army is asking potential retirees to drop their retirement packets at around the same time they start the TAP, and well in advance of their separation date.
“Most people feel like they need a lot more time,” one soldier in the report told GAO researchers.
“Preparing to transition is like being on a train going 120 miles an hour,” they said. “The whole process has been totally overwhelming.”
It is unclear whether the announcement is a direct result of the GAO report, but the Army’s program appears to grapple directly with its feedback.
“The vast majority of soldiers say that they did not start soon enough and then rushed to complete their retirement preparation,” the retirement planning section of the Army’s Soldier for Life website says, emphasizing that the December version of the retirement planning seminar linked on its website is separate from the overall TAP classes.
Over 46,000 soldiers transitioned out of the military between April and March last year, according to the GAO report. The Army recommends that potential retirees should start planning their transition three years away from their prospective separation date by gathering information on post-Army careers or schools and starting a transitions savings fund."...
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