Page 14 - FCA Diamond Point March 25 smg v4 (20 Mar 25)
P. 14

AT THE FOREFRONT


             Defense Finance and Accounting Service (Cont’d)

                                                 Types of Retirement

           There are several types of retirement:
                 •   Regular Retirement
                 •   Reserve Retirement
                 •   Temporary Disability Retirement List
                 •   Permanent Disability Retirement List
                 •   Temporary Early Retirement Authority
            Type of Retirement    Basic Eligibility                            Determination Criteria
                                                                                    •   Based on salary and service
            Regular Retirement    Completed 20 years of active service                  information submitted by
                                                                                        member’s Branch of Service
                                  Reservist with 20 years of active service who     •   Based on salary and service
            Reserve Retirement                                                          information submitted by
                                  has reached age 60
                                                                                        member’s Branch of Service
                                                                                    •   Based on Disability
            Temporary Disability   Temporary disability rating, placed on               Determination by Branch of
            Retirement List       retirement rolls by member's Branch of                Service
            (TDRL)                Service (max of 5 years)                          •   Based on salary and service
                                                                                        information submitted by
                                                                                        member’s Branch of Service
                                                                                    •   Based on Disability
            Permanent Disability   Permanent disability rating, placed on the           Determination by Branch of
            Retirement List       retirement rolls by member's Branch of                Service
            (PDRL)                Service                                           •   Based on salary and service
                                                                                        information submitted by
                                                                                        member’s Branch of Service
                                                                                    •   Based on number of
                                                                                        soldiers needed to maintain
            1993-2001             At least 15, but less than 20 years of active     •   force readiness
                                                                                        Based on salary and service
            Temporary Early       service between 1993 and 2001. This program           information submitted by
            Retirement            ended effective September 2002 and any
                                  future use must be approved by Congress               member's Branch of Service
                                                                                    •   Based on the legislation
            Authority (TERA)
                                                                                        governing this special
                                                                                        program
                                                                                    •   Based on number of
                                                                                        soldiers needed to maintain
                                                                                        force readiness
            2012-2025             At least 15, but less than 20 years of active     •   Based on salary and service
                                                                                        information submitted by
            Temporary Early       service between 2012 and 2025. This program           member's Branch of Service
            Retirement            is expected to end Dec.31, 2025. Any future
                                  use will have to be approved by Congress          •   Based on the legislation
                                                                                        governing this special
            Authority (TERA)
                                                                                        program
                                                                                    •   Offered at the discretion of
                                                                                        the service secretary









                                                            12
   9   10   11   12   13   14   15   16   17   18   19