Army AGR Pre-Retirement Brief 29 March 2011. Must have 20 years of Active Service –BASD (Basic...

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Transcript of Army AGR Pre-Retirement Brief 29 March 2011. Must have 20 years of Active Service –BASD (Basic...

Army AGR Pre-Retirement Brief

29 March 2011

• Must have 20 years of Active Service– BASD (Basic Active Service Date) - Add 20 years– diems.doc

• Can stay until Retention Control Point (RCP)unless selected to REFRAD from Board Action– E6 – 23 years– E7 – 26 years– E8 – 29 years– E9 – 32 years

Army AGR Pre-Retirement BriefSo You Want to Retire????

• Taking the leap!!!!! – Can start the process 12 months out– at least 6 months prior

•Send a memo requesting retirement thru supervisor/chain of command to HRO along with an SF52 from your AO/Supervisor for retirement.

•Attend a Pre-separation Briefing at LRAFB - DD Form 2648 Pre-separation Counseling Checklist

•Attend 3 day ACAP (Army Career and Alumni Program) Briefing at LRAFB (optional)

Army AGR Pre-Retirement Brief

•Attend VA Briefing at LRAFB – fill out VA Form 21-526c Veteran’s Application for Compensation

•Make an appointment with me to determine your last work day, permissive TDY, and transition leave and to review your DD Form 214

Army AGR Pre-Retirement Brief

• Retirement Out-processing at Fort Sill, OK– You will receive Travel Orders and an

Invitational Travel Order for your spouse • Day 1-Travel to Sill• Day 2-Outprocess• Day 3- Travel home

• Appointments at Ft. Sill • Finance

• Survivor Benefit Plan Brief • Final Out-processing

Army AGR Pre-Retirement Brief

• Retirement System Criteria– based on DIEMS date (Date Initial Entry

Military Service) • diems.doc

• 3 Categories– Final Pay – High-3 Average– REDUX (Military Retirement Reform Act of

1986)

Army AGR Pre-Retirement Brief

http://www.dod.mil/militarypay/retirement/ad/index.html

Army AGR Pre-Retirement Brief

• Final Pay Retirement System• Entry before September 8, 1980• Each year of service is worth 2.5%

Yrs Svc

20 21 22 23 24 25 26 27 28 29 30 31 32

% 50 52.5

55 57.5

60 62.5 65 67.5 70 72.5 75 77.5

80

http://www.dod.mil/militarypay/retirement/ad/index.html

Army AGR Pre-Retirement Brief

• High-3 Retirement System• Entry on or after September 8, 1980, but before

August 1, 1986 OR Entered on or after August 1, 1986, AND did not choose the Career Status Bonus

• Each year of service is worth 2.5% - applied against the average basic pay for the highest 36 months of career

http://www.dod.mil/militarypay/retirement/ad/index.html

Yrs Svc

20 21 22 23 24 25 26 27 28 29 30 31 32

% 50 52.5 55 57.5 60 62.5 65 67.5 70 72.5 75 77.5

80

Army AGR Pre-Retirement Brief

• CSB/REDUX Retirement System• Entered on or after August 1, 1986, AND elected

to receive the $30K Career Status Bonus • Each year of first 20 years is worth 2% - Each year

after 20 is worth 3.5%

http://www.dod.mil/militarypay/retirement/ad/index.html

Yrs

Svc

20 21 22 23 24 25 26 27 28 29 30 31 32

% 40 43.5

47 50.5

54 57.5

61 64.5

68 71.5

75 77.5 80

• Useful Information– Leave

• Permissive TDY - You may be granted up to 20 days and can be used 5 days at a time

• Transition Leave – Will start after out-processing at Ft. Sill and run until retirement date. NO BREAKS!!! (AR 600-8-10 chapter 4-1c)

– PCS Move (Household Move)• Authorized a final PCS move anywhere in CONUS• DLA is not authorized

– Army Pamphlet 635-4 Preseparation Guide– DOD Retirement Site

• http://www.dod.mil/militarypay/retirement/ad/index.html

Army AGR Pre-Retirement Brief

•Our Goal–To make your transition into retirement an easy, smooth, pain free process.

Army AGR Pre-Retirement Brief

Army AGR Pre-Retirement Brief

QUESTIONS?