I read that 20 years service was required for a pension. Did I read wrong?
VA medical and disability payments are another thing entirely.
20 years is required but wanna bet the man was not run out by the new age obamanation regime?
I believe the democrat administration is at war with those who do good for others.
“I read that 20 years service was required for a pension. Did I read wrong?”
No, you did not read wrong. Though the government is seriously considering changing the way people qualify for retirement again. They have done some things during the various draw-downs that gave partial entitlements or lump-sum payments to people who voluntarily separated prior to being eligible for retirement, but only in certain overage specialties and fields. I doubt SEAL or any other special forces troops would have been eligible for those.
Old Student
MSgt, USAF(Ret.) 1973-1997
According to this article from last January, "Currently, after 20 years of service, regardless of age, a military retiree qualifies for a pension amounting to 50% of final pay with an additional 2.5 percentage points for each year of service beyond 20." A four-star with 40 years in (100%) would get $237k (base pay for a four-star is only $181.5k, but other allowances can boost their compensation by up to a third).
Yep. 20 yrs unless you get some sort of a medical retirement. After 20 you get paid 50% of your highest base pay and medical coverage. The payment will go up 2.5% for every year served over 20. There are other options to this one, but this is basically it. It’s nice to have for sure, but this guy won’t be broke for long. Lot’s of opportunity coming his way if he plays his cards right.