You May Get Separation Pay
You may be eligible for additional separation pay. The Finance Office at your
installation can compute the actual amount, if any, owed you.
Requirements
- If you have finished your first term of enlistment or period of obligated service
AND
- You have at least six years of service
AND
- You are separating involuntarily
AND
- You are not yet eligible for retirement
AND
- You are not separating under adverse conditions
THEN
- You may be eligible for separation pay.
Separation pay must be listed on the separation orders to be payable. The type of
separation and conditions under which you are being separated will determine if you qualify for
separation pay. To find out if you qualify, talk with your unit commander and local personnel
and finance offices.
Note: Separation pay is taxable
Benefits
This benefit is computed on the basis of 10 percent of your yearly base pay when you separate,
multiplied by the number of years active service you have.
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Example: $10,000 base pay x 6 years x 10% = $6,000.
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