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Video instructions and help with filling out and completing Coast guard reserve retirement
Instructions and Help about Coast guard reserve retirement
Hello everyone DJ here I have noticed that the audio quality with this video camera is not the greatest I ask that you please tolerate it for a little while I'm going to keep using it until I can get a better camera with better audio characteristics I don't know how long that will be so please bear with me thank you very much hello everyone this is DJ again and this week I'm going to cover the bare-bones basics of how reserve retirement works this is not an in-depth review this is just some of the essential bits of information I'm going to go more in depth in later episodes so as I promised in my reboot announcement I'm going to do some visual aids for this particular presentation so there'll be a couple of slides you don't like slides then just listen to the audio I'm pretty sure I can make this understandable even if you don't look at the slides but the slides will help a little bit so let's jump right in and see what we can learn today all right again for those of you who are a bit afraid of slides don't be too concerned this is going to go very quickly and it's quite simple so for those who were not already aware believe it or not you can retire from a Reserve Component I have actually met people who thought this was not possible who thought that you could only retire from the active component and we're quite surprised to find out otherwise the big thing I have noticed during my time in this field is knowledge is definitely lacking out there for the common service member and we need to fill that gap so knowledge is key and the more the service member knows the more he can benefit from it another thing to keep in mind contrary to popular belief things are not automatic I mean remember the old adage about death and taxes those are the only things that are automatic in this game you've got to have knowledge and you've got to be able to be proactive when the time comes and as I say here at the bottom in the end it's all about money so the more you know the better all right these are the components from which you can earn a military retirement and these are not typos yes those agencies at least the commissioned Corps of them receiver retirement just like military officers do but we're going to focus on this part because that's why we're here believe it or not military retirement is not that complicated as I'm going to point out it's pretty simple once you break it down into plain English alright bottom line up front military retirement on the reserve side is based on three things it's based on your rank your time and service and the number of retirement points that you have every time you perform.