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  2. Military retirement (United States) - Wikipedia

    en.wikipedia.org/wiki/Military_retirement...

    Since the Second World War, the baseline of military retirement has been the 20-year retirement. [6] Under such a program, service members have been eligible for retirement payments after 20 years of active duty. [7] [8] Service members received a defined benefit payment upon retirement, payable until the death of the beneficiary. The benefit ...

  3. High Year of Tenure - Wikipedia

    en.wikipedia.org/wiki/High_Year_of_Tenure

    High Year Tenure (HYT) is a term used by the United States Armed Forces to describe the maximum number of years enlisted members may serve at a given rank without achieving promotion, after which they must separate or retire. [1] HYT is applicable to enlisted personnel of all six military branches of the United States.

  4. Defense Officer Personnel Management Act - Wikipedia

    en.wikipedia.org/wiki/Defense_Officer_Personnel...

    The OPA also ended the practice of appointing Army officers into specific "branches [broken anchor]", giving the Army greater authority to move personnel to different functions and change organizational designs. OPA also authorized the services to grant voluntary retirement at 20 years of commissioned service. [5]

  5. Stop-loss policy - Wikipedia

    en.wikipedia.org/wiki/Stop-loss_policy

    Stop-loss was created by the United States Congress after the Vietnam War. Its use is founded on Title 10, United States Code, Section 12305(a) which states in part: "... the President may suspend any provision of law relating to promotion, retirement, or separation applicable to any member of the armed forces who the President determines is essential to the national security of the United ...

  6. Military discharge - Wikipedia

    en.wikipedia.org/wiki/Military_discharge

    Career U.S. military members who retire are not separated or discharged. Upon retirement, officers and enlisted personnel are transferred to the Retired Reserve. For Active Duty personnel, until they reach a cumulative 30 years of service, active plus retired reserve combined, they are subject to recall to active duty by order of the president.

  7. Individual Ready Reserve - Wikipedia

    en.wikipedia.org/wiki/Individual_Ready_Reserve

    The U.S. Army's IRR SSI worn by Army Reservists in the IRR that are not formally assigned to a particular unit or cadre personnel that run the IRR program.. The Individual Ready Reserve (IRR) is a category of the Ready Reserve of the Reserve Component of the Armed Forces of the United States composed of former active duty or reserve military personnel.

  8. 8 purchases everyone approaching retirement should make - AOL

    www.aol.com/finance/8-purchases-everyone...

    Retirees often live to regret splashing money on big houses and expensive boats when they stop working, but these 8 suggested spends are more like investments for old age.

  9. Legion of Merit - Wikipedia

    en.wikipedia.org/wiki/Legion_of_Merit

    Beginning in the 1980s, the Legion of Merit began to be awarded more frequently to senior-ranking warrant officers (W-4 and W-5), as well as to senior enlisted service members (E-8 and E-9), usually as a retirement award. When not awarded as a retirement award, it is most commonly awarded to officers in pay grade O-6 and higher.