#APPILY RETIRED HOW TO#
#APPILY RETIRED MANUAL#

Length of Service (LOS) - Total number of years, months and days a member has been under contract. It can be found in field four of your last active duty Leave and Earnings Statement (LES). Pay Entry Base Date (PEBD) - Date that denotes how much of your service is creditable towards longevity for pay purposes. Total Years of Qualifying Service (TYQS) - Number of years completed with the minimum number of points to qualify as a satisfactory year toward retirement. Here are a few terms you will need to be familiar with as you decipher your point record. If you do not have a CAC, you may request a copy by contacting the My Navy Career Center (MNCC). This is the source platform for what you may know as the Annual Statement of Service History (ASOSH), found on BUPERS Online (BOL). Your annual record of accrued Retirement Points, also known as your Unofficial Statement of Service, is available to you with a CAC login to the Navy Standard Integrated Personnel System (NSIPS) via Employee Self-Service in the Retirements and Separations module. Unsatisfactory participation does not cancel out a Good Year, but could lead to an early separation from the Navy Reserve.Īs your years of service close out along the path toward retirement, you should be keeping an eye on your point record. In other words, the Sailor may have over 50 retirement points in an Anniversary Year, qualifying the member for a Good Year, but have unsatisfactory participation from not completing an AT (and not having an approved AT waiver), or having more than 9 unexcused drill period absences. It is possible to earn a Good Year while simultaneously having unsatisfactory participation. The annual maximum number of total points is equal to the number of days in the Anniversary Year (365 or 366), while the maximum number of Inactive Points is capped at 130.

For each year you are affiliated with the Navy Reserve you will automatically receive 15 points for Reserve service - or as pro-rated for partial years.

You may also earn points from approved correspondence courses (See page 33).

You receive one point for each drill period performed (e.g.,Inactive Duty for Training (IDT)) one point for each day of active service (e.g., Annual Training (AT), mobilization) and one for each day of funeral honors.

The 50 retirement points (or more) accrued over each year are from the following sources: Knowing your Anniversary Year can help you maximize your future retirement value. This date can change throughout a career depending on breaks in service or other factors. This is the Sailor’s individual Reserve year, which typically begins on the anniversary of their first day in the Reserve or date commissioned and ends the day prior to the anniversary. Also known as a Good Year, a member accrues a Qualifying Year after they have earned a minimum of 50 retirement points in their own Anniversary Year. Generally, a Reservist is eligible for Non-Regular Retirement once they have 20 Qualifying Years of service.

You’ll want to mark your calendar and set aside ample time to tend to these important processes. Retiring with Pay also includes taking action with the Defense Finance and Accounting Service (DFAS) to fully establish your Retiree Pay Account.

#APPILY RETIRED MANUAL#

Both retirements involve administrative steps either submitted electronically or through manual forms.

#APPILY RETIRED HOW TO#

Do you know which retirement “defined benefit plan” you will be eligible to retire under? Do you know how to interpret your Statement of Service and verify how many Qualifying Years you have? What kinds of things should you consider along the way, as you work toward deciding when to retire? How do you calculate or estimate the value of your future retirement? When you will be eligible to receive retirement pay? What forms, paperwork or electronic submissions are required to retire? Let’s work through these questions together, so you can be best prepared to navigate this important career life event.Īn important concept to internalize before we get into the details is that most Reserve Sailors will essentially need to retire TWICE - once to Retired Without Pay status (also known as the Gray Area), and then again to Retired With Pay status - at a time unique to you, but nominally at age 60. Let’s start by checking in together about your basic understanding. The main question is whether or not you will be ready for retirement - but you probably have more than one question about how to get to that end point in your Navy career.

What keeps you motivated to serve? Is it the camaraderie or the nature of the work? Is it devotion to country or the satisfaction of being part of something bigger than yourself? Could it be at least partly the money, whether the drill or AT pay, or the GI Bill benefits or the future retirement value? For whatever reasons you serve, at some point your time in service will come to an end.

Appily retired