Updated to 2022 base pay
This app will calculate the expected retirement pay for US military reserve/guard service members. It also calculates expected RC-SBP (Survivor Benefits Program) premiums.
Note that currently this app DOES NOT calculate Blended Retirement System (BRS) potential benefits.
For Retirement Pay user inputs are:
- Current Number of Points
- Current Number Of Qualifying Years
- Year of Retirement
- Pay Grade At Retirement
- Qualifying Years To Retirement
- Expected Points For Each Future Qualifying Year
- Expected Annual Pay Raise
Calculates Monthly Retirement for First Year of Retirement and Allows the User to Email all Details of the Calculation
In addition it also calculates RC-SBP (Spouse option) for the expected retirement pay and user inputs.
Assumptions:
- Service Member Falls Under the High-3 Retirement System (Service Entry Date >= 08SEP1980)
- Service Member Will Be At The Inputted Pay Grade For The Last Three Years Before Retirement
- Service Member Will Transfer to The Retired Reserve At The Inputted Year Of Retirement
Let the developer know of requests for functionality updates and possible changes.
