How to request early retirement from the Coast Guard?

Visit the CG-PSC-RPM-1, Status Section for Reserve Retirement process information. Also see ALCGRSV 017/18 Requesting Reserve Early Retirement and our article on computing the early retirement eligibility date.

How is Coast Guard Reserve retirement pay calculated?

Depending on the date you initially entered military service, also called the DIEMS date, your monthly Coast Guard Reserve retired pay will be calculated under the Final Basic Pay or High-3 formula as follows: 1. Multiply your years of equivalent service (see equivalent service formula below) by 2.5%, up to a maximum of 100%.

Can a Coast Guard retiree contact the defense finance account service?

Coast Guard, PHS, and NOAA personnel must not contact the Defense Finance Account Service (DFAS) for assistance or submit completed DD-2656 forms to DFAS. PPC (RAS) establishes and maintains retired pay accounts for Coast Guard, PHS, and NOAA personnel; DFAS provides retired pay support to members of DoD components.

When do Coast Guard members get their highest pay?

Note: The highest 36 months of basic pay for a service member who transfers to the Retired Reserve until age 60 will normally be the 36 months before age 60. Longevity service will continue and pay raises will continue to accrue.

Depending on the date you initially entered military service, also called the DIEMS date, your monthly Coast Guard Reserve retired pay will be calculated under the Final Basic Pay or High-3 formula as follows: 1. Multiply your years of equivalent service (see equivalent service formula below) by 2.5%, up to a maximum of 100%.

When do you leave the guard and reserve?

Leaving the “Gray Area” Soon? Those who have completed a career serving in the Guard/Reserve face two transitions: First, their retirement from the military at the completion of a “good” twenty years (or longer) and then when they reach their “full” retirement age (usually 60).

How does reserve time apply to military retirement?

If a Reserve member is not receiving retired pay at the time of separation from civilian employment, Reserve time cannot count toward civil service retirement credit.

How are pay dates determined in the Coast Guard?

Your service dates (Active Duty Base Date, Expected Loss Date and Expected Active Duty Termination Date, Pay Entry Base Date, and the DIEMS Date) are shown in Direct Access on the Coast Guard Member Information report. Pay Base Date – this determines your longevity for pay.