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Chida

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Posts posted by Chida

  1. Is it possible to voluntarily transfer to retired reserve at 20 yrs?

    I have a guy in my sq who has prior enlisted time (so it’s not a msd retirement). ARPC is telling him he can’t req retirement until he gets 20 yrs, possibly not until his 20 yr letter. If that’s true the earliest he can retire is after attaining 20 yrs:

    +120 days to receive 20 yr letter

    +180 days notice

    =20 yrs & 10 months!

     

    Anyone have anecdotal experience with this situation?

  2. Talk it over with management and come to the meeting with a detailed plan. One of my past squadrons allowed a block of time once per quarter. Another past squadron I'd show up every 3-4 months and did duty for 2-3 months (I was a contractor overseas at the time). These block deals include your yearly minimums: 15 days active duty, and 48 UTAs (or an equivalent chunk of active duty), although I tended to significantly exceed that just to maintain semi-annual/annual currencies. Maintaining all currencies except for monthly t/o & land was expected, so you'll  have to massage your schedule to maintain night quarterly requirements. Once in a while you might lose your night quarterly currencies, but don't make it a habit.

  3. 7 hours ago, pcola said:

    I’m regular. And am aware of the high 36, but that’s the same whether my retiree ID says Maj or Lt Col which is what I meant when I said it makes no difference. Aside from $, is there any other considerations I might be missing? For instance, if I ever returned to AD, would it be as O-4 or O-5?

    It is not the same. It's ~$50 less per month or ~$600 less per year, but yes it's similar. As for the rank question if you are recalled from Retirement:

    Commentary from the Rand Corp:

    10 U.S. Code § 689: Officers are ordered to active duty in their retired grade.... ...Officers who served in a grade higher than their retired grade may be ordered to active duty in that higher grade.... They are treated as if they were promoted to that higher grade while on that tour of duty, and may retire at that higher grade if they satisfactorily serve a total of 36 months. Officers who are promoted to a higher grade while ordered to active duty may retire in that higher grade if they satisfactorily serve for at least six months in that grade.

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  4. For the Reserve Retiree: hypothetical. Assumptions: reached age 60 in Dec 2020 (so using pay charts from 2018-2020 to calculate high-36). Served age 23 to age 43 and transferred to grey area in 2003. Had 20 good years and 5000 points. Note that since grey area time counts for pay chart purposes, the years will be 37, 36, and 35 or put simply the max pay on the chart)

    $8088: high36 for Maj (didn't serve 3 yrs TIG to make O-5 stick). $2808 per mo retired pay

    $9539: high36 for LtCol (served at least 3 yrs TIG so takes O-5 into the retired rsv). $3312 per mo retired pay

    So the difference in retired pay isn't as huge as I had thought, but if you're close you might as well try to get that 3 yrs TIG before your transfer to retired reserve.

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  5. For the Reg Retiree: I just ran the numbers for a hypothetical. Assumption: reached 20 years of active duty service in Dec 2020 (so using pay charts from 2018-2020 to calculate high-36).

    $9097: high36 for 2.5 years as O-5 and .5 yrs as O-4 gives $4614 per month retired pay

    $9206: high36 for 3 yrs as O-5 gives $4670 per month retired pay

  6. Yeah, but time in the grey area counts for pay chart purposes, so your clock keeps running until age ~60. So the rank you take with you into the grey area is what counts. So for me, assuming I get my 3 yrs tig before I go to the grey area, will be O-5 with 37 years so the high 36 will all be top of the chart O-5 pay.


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  7. Since Tricare Reserve Retired is so expensive:
    I get insurance thru my employer, but if I were ever laid off and had to get insurance on my own I would do the VA for myself and for the wife I’d get Obamacare for ~$400/mo.

    If your wife works then I’d see about getting it for both of you from her employer.

  8. All information is on the Tricare website. Brief big picture:
    -Tricare Reserve Select: available to SelRes (drilling reserve or guard) for ~$300 /mo family
    -Tricare Retired Reserve for under age 60 retired reserve for ~$1000 /mo family
    -Tricare select/prime for retired reserve age 60-65 for ~$25/mo family
    -Tricare For Life for 65+ as a supplement to Medicare Part B (you have to pay Medicare premiums, but currently TFL is free)


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  9. TSP has some of the lowest fees out there and the basic funds perform well.


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    This was the case until the TSP modernization act in 2017 which took effect in 2019. Now the fees are higher than they were, such that the fees in my Fidelity holdings are substantially similar. IOW low fees as a reason to hold onto TSP is no longer valid. I’ll move my TSP Roth into my Roth IRA as soon as I separate.


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  10. Some info from ARPC's Reserve handbook. It contradicts itself, but I think if one wants to be absolutely sure to be out of the Air Force, he needs to submit a resignation.

    "Officers who remain in the nonparticipating
    IRR for at least two years, three years for separation
    pay recipients, will be discharged unless
    they are qualified and request a transfer to the
    Retired Reserve.
    "Officers who remain in the nonparticipating
    IRR are transferred to the Standby Reserve unless
    they are qualified and request a transfer to
    the Retired Reserve."

  11. Someone asked me "where in Milconnect can I see if I am or am not in the IRR?"

    1. Login

    2. My Profile menu: Update and view my profile

    3. There should be a tab labeled "personal". For myself I also have a tab labeled "MIL". So if you don't have the tab labeled MIL then you are not in the IRR (as far as DMDC/DEERS "knows" anyway).

    4. If you do have a MIL tab, click on that. Then you'll look at "DOD Association." It will have a variety of titles there such as SELRES, IRR, etc.

     

  12. What it means for the recently separated officers who did not join the SELRES/PIRR: You are most likely* in the IRR if you:

    1. Volunteered for it (ie obtained a reserve commission--requires positive action to be scrolled)

    2. Are required to be in the IRR by reason of unfulfilled Military Service Obligation (< 8 years total service) or because you received separation pay (which requires at least 3 yrs IRR service).

    3. Otherwise have a reserve commission in the ready reserve (i.e. you have not resigned your reserve commission, nor was your commission revoked (eg by twice failure of selection for promotion), nor did you transfer to the retired reserve).

    Retirees are not in the ready reserve, so this order does not affect them.

    * I say most likely because that is what is supposed to happen. But I have witnessed on at least 2 occasions where AFPC failed to place separating people in the IRR, even though they were required to do so by law.

    BLAB: If you separated at the end of your UPT commitment, you are most likely not in the IRR. If you want to be sure you can check Milconnect. You'll need a DS logon, though. 

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