Retirement

Retirement and Resignation Requests Will Be Submitted on NSIPS as of 1 JAN 2018

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Here is a NAVADMIN that was just released about retirement and resignation requests being submitted on NSIPS. Since many Medical Officers are allergic to NAVADMINs, here are the highlights:

  • This functionality allows members to initiate requests electronically via NSIPS self-service, route them through their chain of command for review and recommendation, and then electronically route the request to Navy Personnel Command for a decision.
  • This improvement provides transparency for our service members on the status of their requests, an integrated waiver process when needed, and electronic notification of the final disposition of requests for both the member and the command.
  • All officers submitting their voluntary resignation or retirement must utilize NSIPS for requests initiated on or after 1 January 2018.
  • Service members must ensure their email addresses in NSIPS are correct to ensure timely delivery.

PoF Blog Post – Financial Implications of Leaving a Military Medicine Position

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One of my readers pointed me to this blog post on Physician on Fire, which many of you will find interesting:

Financial Implications of Leaving a Military Medicine Position

If you’d like my own thoughts on the value of a military pension, you can read them here:

How Valuable is a Military Pension?

Blended Retirement System: 6 Major Considerations Before You Choose

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Here is a nice article for those debating between the current retirement system and the new Blended Retirement System or BRS:

Blended Retirement System: What Will You Do? 6 Major Considerations Before You Choose

Personnel Chiefs Worry Over Deployment Pace, New Blended Retirement

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Here is a link to an article that discusses two genuine concerns, the current operational tempo and the new Blended Retirement System (BRS):

Personnel Chiefs Worry Over Deployment Pace, New Blended Retirement

Beta Test of the DoD’s Blended Retirement System Calculator

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Here is a link to the beta test of the Department of Defense Blended Retirement System Comparison Calculator:

Blended Retirement System Comparison Calculator – Beta Version

You Were Selected for Promotion to O5 or O6 – Should You Accept It?

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BLUF – If you are hoping to retire but are not willing to serve 3 years as a Commander or Captain, you should decline the promotion.  (This is not applicable if you are resigning.  Only if you are hoping to retire.)

The policy regarding promotions and retirements is governed by OPNAVINST 1811.3A.  If you are lucky enough to be selected for promotion to O5 or O6, you should be familiar with this instruction and make sure you are willing to spend 3 years as a CDR or CAPT before you plan to retire.

Paragraph 4b of the OPNAVINST states:

“Officers must satisfy the minimum active duty time-in-grade requirement to retire in the highest grade satisfactorily served…Officers who desire to retire before completion of the minimum time-in-grade requirement must decline appointment to the next higher grade. Officers who have accepted appointment to the next higher grade must satisfy the retired grade criteria in paragraph 7.”

Seems like we need to go to paragraph 7…

“7. Time-in-Grade Requirements. Unless retirement in the next inferior grade is directed by SECNAV for an officer or warrant officer under reference (c), then officers, warrant officers, and enlisted members retired voluntarily or transferred to the Fleet Reserve shall be retired in the highest grade satisfactorily held upon completion of the following time-in-grade requirements…Three years for an officer serving on active duty in pay grade O5 or O6.”

Paragraph 5b states:

“Unless waived by proper authority, approval of requests for voluntary retirement or transfer to the Fleet Reserve will normally be denied until an individual has completed: (1) The applicable time-in-grade requirements of paragraph 7;”

In addition, paragraph 7e states:

“COMNAVPERSCOM shall normally deny retirement requests or Fleet Reserve requests of members serving on active duty in, whose length of service in the highest grade held while on active duty does not meet the time-in-grade requirements specified above.”

What’s the bottom line?  There are certain exceptions spelled out in this policy, and you can get information on time-in-grade or next-lower-grade waivers here and here, but if you want to retire and accept promotion to CDR or CAPT you should be willing to serve in that rank for 3 years.  Otherwise, you should decline the promotion.