Search results
Results from the WOW.Com Content Network
The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military service member. [3]
After years of fighting the Global War on Terror, the cost of military health care and retirement benefits were growing at a rate defense officials found concerning. [12] In an era in which employers offered fewer traditional pensions, the military provided defined benefit retirement to service members who retired at an average age of 47 and ...
For Reserve military officers, a retention benefit program was implemented providing possible early retirement if certain types of duty is done after January 28, 2008. This benefit does not cause the amount of retirement checks to increase, but it can cause an increase to the number of retirement checks to be paid prior to age 60.
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
The question of whether one can retire after just 20 years of work isn't as straightforward as it may seem. Understanding one’s financial readiness, life expectancy […]
A qualified domestic relations order (or QDRO, pronounced "cue-dro" or "qua-dro"), is a judicial order in the United States, entered as part of a property division in a divorce or legal separation that splits a retirement plan or pension plan by recognizing joint marital ownership interests in the plan, specifically the former spouse's interest in that spouse's share of the asset.
2) Whose disability is determined to be permanent and stable; 3) Is either rated at a minimum of 30% disabled, or the member has 20 years of military service. Medical retirees are transferred to the Retired Reserve with the same retired pay and benefits as 20+ year retirees. Medically retired personnel are not subject to recall to active duty. [17]