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Army AGR Pre-Retirement Brief. 29 March 2011. Army AGR Pre-Retirement Brief. So You Want to Retire????. 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
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Army AGR Pre-Retirement Brief 29 March 2011
Army AGR Pre-Retirement Brief So You Want to Retire???? • 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 Brief • 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) 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% 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
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
Army AGR Pre-Retirement Brief • 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 QUESTIONS?