retirement
retirement
I am curious. Has anyone heard of retirement carried over from military to government jobs? Like if you are in the military for 10 years and then switch to a gov job your time in carries over so you have ten years toward your retirement already. My husband was told he could do that by someone in the CHP (highway patrol). I am curious because my brother has 14 years in the Navy and for some crazy reason he has decided to get out. He is 6 years short of retirement. He is a Nuclear engineer so I don't really see him getting a job outside of the government anyway. But I was wondering if his time in could get carried over or not.
"The way to be safe is never to be secure."
Military time in grade is applied to civilian pensions at the Federal level. I'm not sure about the state or local level.
My best advice for your brother is this:
Get his clearance redone before he leaves the Navy. A clearance is a permanent employment ticket. The US gov't needs janitors with Secret or TS clearances. They make three times as much as regular janitors.
Don't misunderstand, I'm not saying your brother should be a janitor.
I'm making the point that ONLY people with clearances can get those jobs. However there are simply way more jobs than people to fill them, so the relative value of anyone with a clearance is higher.
Simply put, you can make very good money in the private sector if you have a clearance. However you must have an active clearance to get the job.
Right now, on http://www.dice.com there are 4400 jobs waiting to be filled by people with clearances.
None of this includes gov't jobs, of which there are also many.
Regards,
-Bouncer-
My best advice for your brother is this:
Get his clearance redone before he leaves the Navy. A clearance is a permanent employment ticket. The US gov't needs janitors with Secret or TS clearances. They make three times as much as regular janitors.
Don't misunderstand, I'm not saying your brother should be a janitor.
I'm making the point that ONLY people with clearances can get those jobs. However there are simply way more jobs than people to fill them, so the relative value of anyone with a clearance is higher. Simply put, you can make very good money in the private sector if you have a clearance. However you must have an active clearance to get the job.
Right now, on http://www.dice.com there are 4400 jobs waiting to be filled by people with clearances.
None of this includes gov't jobs, of which there are also many.
Regards,
-Bouncer-
Here's a more specific answer:
"The best way for you to determine whether it is more advantageous for you to combine your military and civilian service at retirement is to run the numbers. That way you can see which approach would net you the most dollars per month. To do this, go to http://www.opm.gov, scroll down to Hot Topics, then scroll down to Retirement Calculator and click on that. Run the retirement calculations two ways: once with your years of service included and once without. The one “without” can be added to your current military retirement base pay. The approach that yields more will be the financial winner."
http://federaltimes.com/index.php?S=1425981
"The best way for you to determine whether it is more advantageous for you to combine your military and civilian service at retirement is to run the numbers. That way you can see which approach would net you the most dollars per month. To do this, go to http://www.opm.gov, scroll down to Hot Topics, then scroll down to Retirement Calculator and click on that. Run the retirement calculations two ways: once with your years of service included and once without. The one “without” can be added to your current military retirement base pay. The approach that yields more will be the financial winner."
http://federaltimes.com/index.php?S=1425981