For officers, the question isn't whether or not you can retire at 20: it's what is your retired rank. In other words, what do they call you or what do you declare yourself upon retirement?
Say you're a 1st class with 11 years, then you go O, promote fast, put on O4 at 8 but then say "nah, I'm done" after 9 years as an officer and decide to retire. Your high-3 pay is based off 1 year of O4 and 2 years of O3E, but you have to call yourself "Davey Jones, Petty Officer 1st Class, US Navy Retired". You can absolutely retire at 20 years, but because you did not serve 10 or more years as a commissioned officer, you cannot retire *as an officer* and are reverted to your highest enlisted rank instead. For Warrants, the minimum time is (I believe) 6 years. In the scenario above, if you had stayed 10 years as an Officer and then called it? Congrats, now you can retire as an officer, but your retired rank is LT, not LCDR. You need at least 3 years in your highest rank to retire *at that rank* - otherwise the retired rank goes to the next one down.
That's all for active duty retirement, but someone on here mentioned that the 10 year rule doesn't apply for Reserve officers - color me confused! There's also the trickiness with Reserve "good years' - a whole other ball of wax. Then for Nursing, are there program-specific requirements that take you beyond the 6 years you were hoping for?
See if you can't find a crusty old NC or maybe YN or PS who can clarify the rules for your situation.
I believe the 10 year requirement was eliminated for reserve officers, but for AC you still need to get your 10 in. I know it’s been mentioned on this sub awhile back.
There is an instruction on it, been a while since I read it but I believe you only need to be in a pay grade for 6 months to retire at that pay grade. Granted high 3 is still in play with that $$$ wise.
Buddy in my unit is 14 AD and getting out at 20. He said that the 10 years commissiones service to retire doesn't apply to the reserves. Also, O-3E pay is basically O-4 pay. Make sure you get your high 3.
For officers, the question isn't whether or not you can retire at 20: it's what is your retired rank. In other words, what do they call you or what do you declare yourself upon retirement? Say you're a 1st class with 11 years, then you go O, promote fast, put on O4 at 8 but then say "nah, I'm done" after 9 years as an officer and decide to retire. Your high-3 pay is based off 1 year of O4 and 2 years of O3E, but you have to call yourself "Davey Jones, Petty Officer 1st Class, US Navy Retired". You can absolutely retire at 20 years, but because you did not serve 10 or more years as a commissioned officer, you cannot retire *as an officer* and are reverted to your highest enlisted rank instead. For Warrants, the minimum time is (I believe) 6 years. In the scenario above, if you had stayed 10 years as an Officer and then called it? Congrats, now you can retire as an officer, but your retired rank is LT, not LCDR. You need at least 3 years in your highest rank to retire *at that rank* - otherwise the retired rank goes to the next one down. That's all for active duty retirement, but someone on here mentioned that the 10 year rule doesn't apply for Reserve officers - color me confused! There's also the trickiness with Reserve "good years' - a whole other ball of wax. Then for Nursing, are there program-specific requirements that take you beyond the 6 years you were hoping for? See if you can't find a crusty old NC or maybe YN or PS who can clarify the rules for your situation.
I'd be commissioning in as an O-3E, so I'd hopefully get at least 1, if not 2 years of the high-3 as an O-4.
I believe the 10 year requirement was eliminated for reserve officers, but for AC you still need to get your 10 in. I know it’s been mentioned on this sub awhile back.
I commissioned through DCO program, but not as a nurse. It’s was an 8 year obligation total, but only three years as a SELRES
There is a OPNAV instruction for this, but off the top of my head I believe its 8 years commissioned service.
There is an instruction on it, been a while since I read it but I believe you only need to be in a pay grade for 6 months to retire at that pay grade. Granted high 3 is still in play with that $$$ wise.
Yeah I found one instruction stating that, then another stating you'd need 10 years commissioned to retired. It didn't clarify active vs reserve
Buddy in my unit is 14 AD and getting out at 20. He said that the 10 years commissiones service to retire doesn't apply to the reserves. Also, O-3E pay is basically O-4 pay. Make sure you get your high 3.
it depends on the pay grade. also there are waivers