To: Living Free in NH
I remember the cutbacks of the 90’s. I don’t recall the Marine Corps offering 15 year outs in the 90’s. At 20 years, your retirement pension is 50% of your pay. What is the retirement pension for 15 years?
To: Old Teufel Hunden
Subtract 2.5% per year earlier than 20 years. Just like adding 2.5% per year over 20 years up to max 75%.
17 posted on
05/25/2012 7:39:56 AM PDT by
a6intruder
(downtown with big bombs, 24/7, rain or shine, day or night)
To: Old Teufel Hunden
Subtract 2.5% per year earlier than 20 years. Just like adding 2.5% per year over 20 years up to max 75%.
18 posted on
05/25/2012 7:40:04 AM PDT by
a6intruder
(downtown with big bombs, 24/7, rain or shine, day or night)
To: Old Teufel Hunden
I’m guessing 37.5%.
2.5%*5=12.5%
50-12.5=37.5
(2.5%/year is the amount used to calculate retirement pay)
24 posted on
05/25/2012 3:40:30 PM PDT by
Gamecock
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