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Navy reserve retirement calculator Form: What You Should Know
The Guard and Reserve pay is also known as the Guard/Reserve Pay. Guard and Reserve members receive their basic pay from the General Fund and any pay for training, special duty, overseas duty or any of other pay provided to a Reserve Member in the name of the Reserve or Guard. This pay is also known as the Guard or Reserve Pay. Guard/Reserve Pay is used by the Guard and Reserve members to make up for the difference between the basic pay the Guard or Reserve members collect and their full-time pay. A Guard/Reserve pay check is not a separate pay check, it is usually presented to an employee as a supplement to the regular pay period. Retired Pay Mar 6, 2023 — A Reserve member receives his/her retired pay in the same calendar year in which the active component member retired. If an active member decides to remain in the active reserve or National Guard service he/she will receive retiring pay from the date he/she retires. Reserve Pay The Reserve Pay is for those in the active service. It is not a supplement benefit to basic pay. A Reserve member continues to receive Reserve Pay after leaving the active army and navy service. A Reserve pay check is not a separate pay check, it is usually presented to an employee as a supplement to the regular pay period. The pay that you receive will not be reduced for the amount of time you are on reserve or active national guard duty. However, the amount of Reserve Pay received after you leave active duty or are discharged is reduced. There are some exceptions to this rule: A Reserve member may receive an additional payment: from his/her service for service-connected disability during period when he/she is on active duty, for military child care expenses, or in some cases, a Reserve Pay can be paid for a Reserve member's spouse. Receiving a Reserve Pay Check Do I Still Have To Pay Taxes? This issue is complicated, but the short answer is no and no is no. A federal employee who has retired in good standing and is in the active or reserve component while attending a college or university, receiving an approved college or training program, or attending a civilian university may not have to pay taxes. However, there are a few requirements. An employee is considered 'in active military service' when: The employee has satisfactorily completed a minimum of 90 days' continuous active duty military service as an immediate family medical or mental health care provider of the military.
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Hi everyone this is Brenda Sanchez coming to you live from Colorado Springs Colorado with military mondays and why the military is a fault census security those of you who are on FEM City Colorado Springs I just went live on that wall instead of my personal wall so sorry about that but hopefully you gained value and now I am doing a read redo I'm high wall so for all of you out there if you are watching this live please type 1 below and if you are watching it via replay please type 2 below again we are talking today Monday morning about why the military is a false sense of security the other thing I want you to type below is if you are watching this and you are in the service I'd like you to type what branch of the service you're in and whether your officer or enlisted that way I can tailor these videos to the audience hi Michaela hi Michael thanks for joining me again type 1 below if you are watching this live and type 2 if you are watching it via replay if you have served or are serving in the military please type below whether you what branch of the service you were serving in and also whether you were officer or enlisted so I'm gonna get started now why did I title this military retirement a false sense of security while multiple reasons one I retired I'm 27 year veteran of the Air Force I retired as a reservist and when you retire as a reservist you do not collect a retirement check right away you are called what is called a gray zone reservist that means you're in between when you retire and when you can collect your...