RETIREMENTS WITH PAY
LAW THAT GOVERNS RESERVE NON-REGULAR RETIRED PAY
10 USC 12731
THE NUMBER OF DAYS MEMBERS HAVE TO MAKE AN RC-SBP ELECTION AFTER THE NOE IS ISSUED
WHAT IS 90 DAYS
THE NUMBER OF POINTS REQUIRED IN AN ANNIVERSARY YEAR TO EARN A QUALIFYING YEAR TOWARDS RETIREMENT
WHAT IS 50 POINTS
RC-SBP
RESERVE COMPONENT SURVIVOR BENEFIT PLAN
DATE ON WHICH THE NATIONAL DEFENSE AUTHORIZATION ACT INITIALLY STARTED TO ALLOW REDUCED ELIGIBLITY AGE FOR RETIRED PAY
WHAT IS JANUARY 29, 2008
MINIMUM DISABILITY PERCENTAGE TO RECEIVE CONCURRENT DISABILITY AND RETIRED PAY
WHAT IS 50%
CHILDREN ARE NO LONGER CONSIDERED ELIGIBLE DEPENDENTS AT AGE
WHAT IS 22
CURRENT MAXIMUM INACTIVE POINTS AN ACTIVE STATUS MEMBER CAN EARN IN AN ANNIVERSARY YEAR
WHAT IS 130
UIC
UNIT IDENTIFICATION CODE
NDAA 2008 ALLOWS AGE OF ELIGBILITY FOR RETIRED PAY TO BE REDUCED BY
WHAT IS THREE MONTHS FOR EACH AGGREGATE OF 90 DAYS IN A FISCAL YEAR
DEFINE LONGEVITY IN RESPECT TO RETIRED PAY CALCULATION
THE TIME STARTING FROM PEBD AND CONTINUING THROUGH RETIRED PAY EFFECTIVE DATE
MEMBERS WITH ELIGIBLE DEPENDENTS WHO DO NOT SUBMIT AN ELECTION DEFAULT INTO WHICH RC-SBP COVERAGE OPTION
WHAT IS OPTION C, IMMEDIATE ANNUITY
NAME THE TWO PROGRAMS FOR WHICH MEMBERS CAN EARN POINTS IN A STUDENT STATUS (WHY CODE 3)
WHAT IS HPSP AND USUHS
IDT
INACTIVE DUTY TRAINING
NDAA ADDED THE LANGUAGE "TWO CONSECUTIVE YEARS" IN WHICH FISCAL YEAR
WHAT IS FISCAL YEAR 2015
BASIC FORMULA FOR CALCULATING RETIRED PAY
WHAT IS POINTS DIVIDED BY 360 TIMES .025 TIME BASE PAY
THE LOWEST AMOUNT RC-SBP COVERAGE CAN BE BASED ON
WHAT IS $300
PRIOR TO 24 APRIL 2005, MEMBERS NEEDED TO SERVE THE LAST ____ YEARS IN THE RESERVES TO QUALIFY FOR RETIREMENT
WHAT IS 6
NSIPS
NAVY STANDARD INTEGRATED PERSONNEL SYSTEM
PER NDAA, THE ELIGIBILITY AGE CANNOT BE REDUCED BELOW
WHAT IS 50 YEARS OF AGE
RETIRED PAY FOR FORMER MEMBERS IS BASED ON WHICH PAY SCALE
WHAT IS THE PAY SCALE AT THE TIME OF DISCHARGE
THE COST OF INSURABLE INTEREST COVERAGE UNDER RC-SBP
WHAT IS 10% PLUS ADDITIONAL 5% FOR EVERY 5 YEARS THE BENEFICIARY IS YOUNGER THAN THE MEMBER
THE MINIMUM NUMBER OF POINTS MEMBERS MUST EARN TO REMAIN IN AN ACTIVE STATUS
WHAT IS 27
NEOPS
NAVY ENLISTED AND OFFICER PARTICIPATION SYSTEM
MEMBERS CAN BE INVOLUNTARILY ORDERED TO ACTIVE DUTY BY THE PRESIDENT UNDER WHAT SECTION OF 10 U.S.C.
WHAT IS SECTION 12302