Video instructions and help with filling out and completing coast guard retirement calculator

Instructions and Help about coast guard retirement calculator

Music hello luan deejay here let's take a some time for a simple topic this week now I'm going to answer a common question that a lot of folks ask how much will I make in monthly retired pay while the true amount is calculated by the defense Finance and Accounting Service or you know for most branches anyway except the Coast Guard Public Health Service and National Oceanic and Atmospheric Administration they use the same formula but there are different agency I can show you a quick way to get a basic idea of what your pay will be this episode will only cover how to estimate pay under the current or soon-to-be legacy retirement plan there is a slightly different method for the new blended retirement system coming into effect next year I'll cover that in the future episode last week I covered how to read an Army National Guard retirement point statement don't worry all the other branches I will do the same for your statements in time for now all you need to need for now all you need to know is how many creditable points for retired pay you have earned there is a little math here but it's not too bad the basic formula is points divided by 14,400 multiplied by base pay consider the points and divided by amount in parentheses for this model here's how it works as I said before find the creditable points you have earned and write it down divide that number by 14400 this will give you a percentage write down this percentage in your notes now find your rate of monthly base pay for your pay grade and years of service I've got a link to the 2017 pay chart down below you need help put that rate of pay into your news finally multiply that rate of pay by the percentage you determined earlier drop any sense that you have in the answer so you have only full dollar amounts the result is a relatively close estimate of your retired pay so let's go through an example let's say that sergeant first class Jackson which is a pay grade of East 7 for those of you in other branches has 2437 retirement points and 26 years of service his base pay is 5100 $67.50 per month if we divide 2347 by 14400 we get sixteen point nine two percent now we multiply his base pay of five thousand one hundred sixty seven fifty by sixteen point nine two four point one six nine two if you're doing this on a calculator the result is $874 34 cents when we drop the pennies we get eight hundred seventy four dollars this is an estimate if it's monthly retired pay on this year's pay scale now I obviously have left out some factors such as whether sergeant first class Jackson falls under the high three or final pay category and a few other details that was intentional

FAQ

Is it necessary to be a graduate for filling out the admission form for the Indian Coast Guard?
Depends!If you wanna apply for officer cadre, You shall be a graduate and the eligibility is as per the advertisement published on the website.And for Navik entry, 12th pass is mandatory.However for domestic branch, the qualification is 10th pass as shown below.Goodluck!
How do I fill out the yearly percentage in the Indian Coast Guard AC application form when we have a CGPA?
Depends on wjich standard you are applying for10th = cgpax9.5Gradiation = cgpax multiplying factor.In some colleges it is 9.5,9,10 depends on colllege
How do I fill out the educational qualification section of the assistant commandant application form in coast guard (01/2019 batch)?
U should be Bachelor of science hieght166 wt 50 and pass ur exams
U.S. Coast Guard: How do coastguards search for and recover bodies of individuals swept out to sea?
US Coast Guard search operations for persons in the water (PIW's) utilize software from a program called SAROP's which takes in historical water current patterns, on scene weather/winds/currents, time of day/illumination level, size of person, what the person is wearing, whether or not the person has a flotation device and the type of aircraft or vessel doing the search. Once on scene a Coast Guard asset can deploy a data marker Bouy which can then be relocated its drift can then be used to better create a search pattern. The amount of time the Coast Guard will search for a PIW depends on the water temperature and what the PIW is wearing. A PIW with a flotation device in the Caribbean might survive a couple of days while a PIW near Alaska with no survival gear will be hypothermic in under an hour. The success of these searches largely depends the accuracy of the time/location of where the person fell off the vessel/washed out to sea. If the original information isn't very accurate then the search plan will be an educated guess. In most cases the Coast Guard doesn't search for bodies. A search action plan will be executed through such a time as it would be reasonable to expect the PIW to still be alive. Also of note a person with a 406 emergency positioning radio beacon (Epirb) will be found very quickly also a person with a strobe light at night or a mirror during the day is very easy to locate if we are in the general vicinity!
How could I edit my application filled for coast guard 2019? Mistakenly failed to mention swimming part.
No you cannt edit ur application once it is submitted and it does nt matter whether u knw swimming or not every one have to give swimming test no matter they knew swimming or not.
Does a coast guard that is stationed out of the country have to pay for his travel expenses when he has completed his services and is ready for his retirement?
NoNo one retires outside the USA.Upon retirement the US Government pays to relocate the member, his family, and his personal property back to the members home of record or anywhere closer.You are being scammed.
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