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Requests will be completed on two documents: DA Form 4187, Personnel Action and DA Form 2339, Application for Voluntary Retirement; then forwarded to the appropriate chain of command, not earlier than 12 months before the retirement date or no later than 9 months before the requested retirement date or beginning date
1331; EO 9397, November 1943 (SSN). PRINCIPAL PURPOSE(S): Used by members and former members of the Reserve Components to apply for retired pay at age 60. Application is reviewed to determine eligibility. ROUTINE USE(S): Information provided by the member is used to: a.
Form DD 2656 is the most important document you will complete in preparing for your retirement. As you fill it out, you will make decisions that will determine: How you receive your pay.
Your application for retired pay should be completed and sent to the Human Resources Command (HRC), Fort Knox not earlier than 9 months and not later than 90 days from the date that retired pay is to start (usually your 60th birthday).
Those who make a career out of the military will still receive a pension after 20 years, but a smaller one, down to 40 percent of their pay from 50 percent (based on an average of their last three years of service).
Once the packet is received at HRC, Enlisted Retirement/Separation Division; it is sent to several departments (Career Mgmt Mgr, Career Mgmt Branch, etc.). The approximate time for approval is 2 months.
Q: How do I submit an application for retired pay benefits? A: Complete the DD Form 108, an application for Retired Pay Benefits; NAVPERS 1800/13, a questionnaire for applicants for retired pay; DFAS-CL Form 1059, a direct deposit authorization; and the IRS Form W-4, the employees withholding allowance certificate.
Service members have access to two different retirement vehicles: A pension (defined benefit), which is only available to those who retire after at least 20 years of service. It is fully funded by the government and is paid out as an annuity for life, on a monthly basis.