Monthly military retirement calculator

For employees who first entered prior to July 1 2006 the Public Employees Retirement System PERS is a defined benefit DB plan which is designed to offer a lifetime monthly benefit once retirement eligibility is reached. This retirement plan offers a pension after 20 years of service that equals 25 of your average basic pay for your three highest-paid years or 36 months for each year you serve.

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8 1980 and July 31 1986 you can use the High-3 Calculator to figure out your estimated base pay.

. Use this calculator to find out what you need to save annually to be on track for retirement. The date you enter the Active Reserve is your retirement year beginning date RYB. How to use the High-3 military retirement calculator.

For example a soldier who joins the Active Reserve on 2 July 1986 would have a RYB of 2 July 1986 and a RYE of 1 July 1987. Find out where you stand today. The calculator also provides you with alternative strategies such as delaying retirement or reducing your retirement spending.

As long as you have no break in service your retirement year ending date RYE will be one year later. If you joined between Sept.

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