Quote:
Originally Posted by viperdriver
OK even more confusing is I would fall under this bullet as a Reservist.
Is or becomes retirement eligible during the period from August 1, 2009, through
August 1, 2013. A service member is considered to be retirement eligible if he or
she has completed 20 years of active duty or 20 qualifying years of reserve
service
Just found this from an article on the Air Force Link:Another Pentagon proposal would cover servicemembers who will reach the 20-year service mark, making them retirement-eligible, between Aug. 1, 2009, and Aug. 1, 2013.
Mr. Clark explained the breakdown, which basically enables those affected to transfer benefits as long as they complete 20 years of service:
-- Those eligible for retirement on Aug. 1, 2009, would be eligible to transfer their benefits with no additional service requirement.
-- Those with an approved retirement date after Aug. 1, 2009, and before July 1, 2010, would qualify with no additional service.
-- Those eligible for retirement after Aug. 1, 2009, but before Aug. 1, 2010, would qualify with one additional year of service after approval to transfer their Post-9/11 GI Bill benefits.
-- Those eligible for retirement between Aug. 1, 2010, and July 31, 2011, would qualify with two additional years of service after approval to transfer.
-- Those eligible to retire between Aug. 1, 2011, and July 31, 2012, would qualify with three additional years of service after approval to transfer.
My big question is, what is the additional 3 yrs of service after approval to transer really mean? Does this extend my retirement date out?