Does The Military Have A Retirement Plan?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    The Military does offer three retirement plans. The one that you would receive is based on your DIEMS (Date of Entry Into Military Service). They are called Final Pay, High-3, and REDUX. Benefits are calculated based on your number of years in service, the year you will retire, basic monthly pay received, a multiplier, and cost of living factor.
    Answered on July 18, 2013
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