Serving in the United States Armed Forces is a career choice that requires years of sacrifice, challenging and dangerous assignments, and fairly meager pay.
However, one of the benefits offered to the men and women who choose a life of service and sacrifice is a pension plan.
This pension is payable immediately upon retirement for qualified active duty service beyond 20 years.
What Is a Military Pension?
Military members are eligible for a pension (lifetime monthly paychecks), following 20 years of qualified active duty service. The amount of your lifetime payments are determined by the retirement program that you are eligible for. There are three programs: