Off-Topic: Correction

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	Name:	MrHodja -
	Subject:	Correction
	Date:	6/30/2010 4:36:01 PM

For those interested in ancient history....

Don't know what it is now, but when I retired in 1989 it was based on pay at retirement and the number of years of creditied service. One could retire at 20 years and his or her retirement pay would be 50% of the BASE PAY at time of retirement. Base pay didn't include things like housing allowance, cost of living adjustments, flight pay, etc.). For each additional year of credited service up to 30 years total, the retired pay was increased by 2.5% of bas pay. Thus the maximum would be 75% of base pay at time of retirement (for GF that's 50 % plus 2.5% per year for 10 years ). Rank was not a determinat because some enlisted were commissioned after a lengthy enlisted term and didn't retire at as high a rank as someone starting out as an officer.

Nasreddin Hodja

Other messages in this thread:

View Entire Thread

Military Retirement - lotowner - 6/29/2010 6:30:31 PM

Military Retirement - Talullahhound - 6/29/2010 11:25:18 PM

Correction - Talullahhound - 6/30/2010 7:45:14 AM

Correction - shirt - 6/30/2010 8:19:50 AM

Correction - Talullahhound - 6/30/2010 3:36:05 PM

Correction - MrHodja - 6/30/2010 4:36:01 PM

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