Dating site for retired military
For both the Final Pay and High-36 retired pay plans each year of service is worth 2.5% toward the retirement multiplier.For instance, 20 years of service would equate to a 50% multiplier.The method used depends upon when the member first entered military service.To decide which method applies to you, you must determine the date that you FIRST entered the military.Some individuals have unique circumstances that complicate determining their DIEMS.Here are a few examples: Be aware that your pay date may be different than your DIEMS.Also note; the annual COLA for the REDUX retirement method is reduced by one percentage point below the increase in the CPI.
All military retirements are protected from inflation by annual Cost of Living Adjustments (COLAs), based on changes in the Consumer Price Index (CPI) as measured by the Department of Labor.
Under the Final Pay and High-36 retirement plans, the annual COLA is equal to percentage increase in the CPI year over year.
This is a different index than the one used for active duty annual pay raises.
If you have unusual circumstances and are unsure of when your DIEMS date is or believe your records show an incorrect DIEMS date, contact your personnel office to discuss your particular situation.
Now, based upon the date you initially entered the military, you can determine which retired pay base method applies to you.
This date is called the DIEMS (Date of Initial Entry to Military Service) or DIEUS (Date of Initial Entry to Uniformed Services).