LogFAQs > #979581325

MrResetti posted...

Sorry I thought you were asking who employs the most.

No, you have to actually retire to get a pension so most people don't. It's like 50% active duty pay though so if you make it there it's great.

Used to be, under the new system (which anyone who joined after 2017 is automatically enrolled into) it's only 40% (2% per year served) of whatever base pay you had when you get out, if you get out at 20 years.

So at minimum, for Enlisted, retiring an E-6 with 20 years, your base pay would be 4,856.40. 40% of that would be 1942.56 a month, least before taxes. probably around $1400-1500.

however most people doing 20(+) years hit at least E-7 and as of the moment, they're keeping Senior NCOs and Officers around because systemic recruitment issues, so they're not even letting people retire at 20. Which means you'll be serving more than 20. <_< Not holding everybody but I've heard retiring is definitely not guaranteed at the moment.

Yes, it is legal because once you're an E-6 who has served for more than 10 years, your next contract will be an indefinite contract (which you don't have to sign) which is exactly what it sounds like. You serve without a guaranteed/definitive end to service. Now, there are existing mechanisms like maximum years for certain ranks(pay grades), but if push came to shove those can be extended or ignored.