Joel Schofer's Career Planning Blog

2 thoughts on “My Guest Post About the Blended Retirement System on the White Coat Investor”

Edmund Milder said:
December 28, 2017 at 12:08
I have a retirement question few seem to feel confident about. Are years at the academy or in NROTC added to your years of service at retirement? I have heard that for a NROTC grad, if you retire at 20 years of active duty service your calculation for retirement is 2.5% X 24 X ave monthly base pay. Do you know if that is correct?
Thank you.
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Joel Schofer, MD, MBA, CPE responded:
December 28, 2017 at 12:20
I believe that years at a service academy are added, but not ROTC. You might a definitive answer here:
http://www.public.navy.mil/bupers-npc/career/retirement/OfficerRetirements/Pages/Mid-Shipman-FAQ's.aspx
But if I was you I’d call NPC at 1-866-U-ASK-NPC and ask for PERS-835 (Officer Retirements). They are the definitive source of retirement info.
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