How To Calculate A Reserve Retirement
I recently answered a couple of questions on calculating the amount of a Reserve retirement for both Final Pay and High Three pay systems.
If you’re eligible for a Reserve/Guard pension then let me repeat the questions & answers so that you can confirm your own math. If you’ve had a different experience, please post about it in the comments!
I’ve read the references and checked them with an expert, but I haven’t personally gone through the process.
When you’re in the Reserves or Guard, your time toward a pension is credited on two factors: the number of points you build up, and the number of “good years” you’ve completed.
You accumulate points for drill weekends, active duty periods, and some special circumstances like online/correspondence courses or funeral honors detail. Each service is a little different in their point calculations– for example a Navy Reserve drill weekend awards two points per day because a Reserve weekend counts for four drill points.