No, cause you're getting retirement pay.
No. Persons who are "retired" are considered to be out of the labor pool and ineligible for unemployment insurance.
A Military Retirement Calculator extimates retired pay during retirement years. The rates of retired pay depends on the the years of service. Most retirements are after 20-30 years of service.
The pension for a retired sergeant can vary based on factors such as length of service, rank at retirement, and specific retirement plan. In general, a retired sergeant can expect to receive between 40-60% of their pre-retirement income.
Military retirement pay is generally 50% of your E-level pay when you retired from active duty.
If you are interested in receiving a lump sum for retirement and you are retired, then you will find several websites that can assist you. Fidelity and Access Funding are just two of the websites that can provide the information you need.
social security is not impacted by other retirements. they are separate. Your military retirement will not affect or change your wife's retirement from the railroad. you will each have your own retirement and at age 62 or older you each will also have your own social security. however, your wife many not have any input to social security benefits if she has not paid into social security during her work span. best to check with social security to see where she stands with social security
No ... retirement is much the same as a "voluntary quit". Usually in retirement one draws a pension or retirement income. Besides, in order to collect UI, one also has to actively seek employment at at least 3 places each week ... what is the sense then of being retired? This statement is not correct, military members are entitled to receive unemployment benefits once discharged, if they are in the coast guard like i am you are entitled to federal unemployment which is at a higher rate. If you want to find out more about your benefits contacts your local employment commission or visit your states website. As far as the retired members i am not sure but will find out and post it.
Under a bill passed by congress and signed by the president, the military did receive their pay during the shutdown. And other federal employees are supposed to receive retroactive back-pay for the money they did not receive during the sixteen days the government was shut down.
I seriously doubt it... military income is deductable from Alabama state unemployment, and with AL's unemployment as low as it is ($265/week max), any retired military pay will most likely be more and therefore disqualify the retired service member. (Just got my denial letter yesterday.) Which is crap, as I've paid into AL's system for over 20 years & won't be able to use it, now when it would be helpful. Sincerely, -PissedOff
Yes, a military retirement is considered a form of annuity because it provides a regular, fixed income to retired service members for the rest of their lives. This retirement pay is typically based on the individual's years of service and rank at retirement. Unlike traditional annuities purchased through insurance companies, military retirement pay is a benefit provided by the government, ensuring financial security for veterans.
Vietnam Veterans can only use exchange facilities if they are retired from military service, medically retired, or VA 100% disabled. An exception would be a Vietnam Vet who is authorized due to current reserve or active duty status or dependent status.