The Military Retirement System
The Different Military Retirement Systems
There are currently four different retirement pay systems depending on when you joined the military:
|Join Date||Retirement System|
9/9/80 and 7/31/86
8/1/86 and 12/31/17
How To Calculate Retirement Pay
For more information about these retirement systems and details on how to calculate your retirement visit our Computing Retired Military Pay page.
About The Military Retirement System
The military retirement system is arguably the best retirement deal around.
Unlike most retirement plans, the military offers a pension that starts the day you retire, no matter how old you are. That means you could start collecting a regular retirement pension as early as 37 years old. What's more, that pension check will grow with a cost of living adjustment each year.
Your surviving family members can even draw a portion of your retirement if they outlive you.
All of these retirement systems have a common thread: If you stay in the military for 20 or more years, you get a pension based on a percentage of your basic pay.
More Retirement Pay Information
|Military Pay Veteran Benefits Retired from Military|