If this is true than you are saying that the Saints have thrones and are able to judge in Heaven.
Rev. 20:4 And I saw thrones, and they sat on them and judgment was committed to them.
Also, I don't think you should be putting premil and dispensationalism together as though they are one and the same. I don't believe God is done with the Jews and Israel, or that the millennial reign has begun. However, if disepensationalism believes that there are different criteria for justification in different eras I do not believe that.
This is not speaking of judgment in the final sense, since all judgment has been given to the Son alone (Rom. 14:10; 2 Cor. 5:10; Heb. 9:27; 1 Peter 4:5). There is certainly a sense in which judgment in this world is a present reality (John 12:31).
However, I believe the image here is of the saints overcoming the world, and in a very real sense we already exercise judgment since we have been raised up and are seated with Christ, the supreme Judge, in the heavenly places (Eph. 2:5,6). This is the vindication of the Church over the authority of the Jews, old national Israel, who had exercised ecclesiastical judgment (cf. Matt. 23:2). The Church now occupies the responsibility of sitting, not in Moses seat, but on the throne with Christ.
Also, I don't think you should be putting premil and dispensationalism together as though they are one and the same. I don't believe God is done with the Jews and Israel, or that the millennial reign has begun. However, if dispensationalism believes that there are different criteria for justification in different eras I do not believe that.
I intended to simply highlight the common understanding between both groups is the future millennial reign of Christ on the earth from Jerusalem.