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Continuation pay (CP) is designed to incentivize Service members to obligate for an additional 4 years of service and increase the likelihood that the members will remain in the Navy until...
- Pay & Benefits
Retirement Pay. The following applies to members who retire...
- Pay & Benefits
All four of the regular and non-regular retirement plans determine initial monthly retired pay by applying a percentage multiplier to the retired pay base. There are two methods for...
Retirement Pay. The following applies to members who retire prior to 31 Dec 2006: After completing only 20 years of honorable service, a military retiree would receive 50% of the permanent...
Visit the DFAS Gray Area Retiree page and create your myPay DFAS account to stay connected. Gray Area Retirees - Navy Reserve. As a Retired Reserve service member who has received a 20-year...
a. Retirement with pay processing is not automatic and eligible RC members must apply to start receiving retired pay. NAVPERSCOM, Reserve Personnel Service Branch (PERS-912) provides...
26 Δεκ 2023 · Military pay will increase 5.2% for 2024, compared to 2023 levels. The military pay charts linked below apply to active members of the Navy, Marine Corps, Army, Air Force, Coast Guard and...
Creditable service for a regular retirement is transmitted electronically to DFAS, which calculates and disburses retired pay. New Accessions Verifies or corrects active-duty service date,...