I'm aware that Chiefs are up for retirement at 24 years, and Senior Chiefs at 26 years.

My simple question is as a 1st Class Petty Officer after how many years are you up for retirement? 22 years would be the logical answer but I'd rather know the answer than a guess.

If any of those numbers are incorrect I apologize, thats what I heard from my recruiter because we were discussing the Chief who has been in for 22 years now.

I'm probably wrong, but the last I heard was 20.

It is 20 years for everyone. That is basically the first time anyone is eligible for retirement, special circumstances and semantics notwithstanding.

For an active duty First Class they would be required to retire at the 20 year point unless the Navy changes policies.

For a drilling reservist (one weekend a month drill/two weeks a year annual training) the policies are slightly different. I won't go into that for now.

It looks as though you may be a little confused in the terms you are using. "Up for retirement", as Boats said, everyone is typically eligible for retirement at 20 years. High Year Tenure (HYT) is what you were talking about at 24 and 26 years (or thereabouts). That is when you HAVE to retire. Big difference. So, for example, a Senior Chief CAN retire at 20 years or later, but HAS to retire at the 26 year mark.

TMC hit it on the head. I was using the wrong terms sorry fellas.

So, my question re formulated a bit is when does a 1st Class Petty Officer HAVE to retire?

thanks again and sorry for the confusion.

Edit: nevermind, I just typed it in google.

Its 24 years for 1st Class and Chief. Then Senior is 26 and Master Chief is 30 years. I've heard of some Master Chiefs staying in for 30+ years though, I assume that's only in cases in which they are thought of as a necessity to the Navy and allowed to hold off retirement for a while longer.

http://usmilitary.about.com/od/navypromotions/a/hyt.htm

If I remember correctly there is a new policy for Officers and Senior enlisted where, with approval, they can stay in until the 40 year point. If they do, they will draw 100% of their base pay as their retirement pay.

quote:

Originally posted by stillThinking:
TMC hit it on the head. I was using the wrong terms sorry fellas.

So, my question re formulated a bit is when does a 1st Class Petty Officer HAVE to retire?

thanks again and sorry for the confusion.

Edit: nevermind, I just typed it in google.

Its 24 years for 1st Class and Chief. Then Senior is 26 and Master Chief is 30 years. I've heard of some Master Chiefs staying in for 30+ years though, I assume that's only in cases in which they are thought of as a necessity to the Navy and allowed to hold off retirement for a while longer.

http://usmilitary.about.com/od/navypromotions/a/hyt.htm

You are still wrong....

20 years is the High Year Tenure (HYT) for a PO1. Unless he/she gets a HYT waiver, they must retire at 20.

I was looking at the bottom one which was pertaining to Sailors who have served longer than 10 years before 2005, sorry about that. You are correct.

20 years for a PO1.

and its technically not retirement.
its called transferring to the FLEET RESERVE. his retirement is official at the 30 yr mark.

quote:

Originally posted by stillThinking:
I was looking at the bottom one which was pertaining to Sailors who have served longer than 10 years before 2005, sorry about that. You are correct.

You also have to be careful which component you are talking about. High Year Tenure is 20 years in the active component for a First Class and 24 years in the reserve component.

I have heard discussion on what Whalersailor was talking about - don't know if it ever got implemented or not.

quote:

Originally posted by sonic5:
20 years for a PO1.

and its technically not retirement.
its called transferring to the FLEET RESERVE. his retirement is official at the 30 yr mark.

They still get a check right? Would that be called a "transferring to the fleet reserve" check they will receive every month?

Just checking!

SKC(EXW/SW)

Chief I am surprised that one as savvy as yourself has not heard of "retainer" pay. It is the official name of the pay that a sailor or marine receives while in the Fleet Reserve for the period from transfer to the Fleet Reserve until the 30 year of total service point. The pay is NOT properly called retired pay until transfer FROM the Fleet Reserve to the retired list.

Retainer pay means just what it says, you are in an official status that allows your recall at any time.

The Army and Air Force do not have an equivalent status, so they receive retired pay as soon as they retire.

This message has been edited. Last edited by: whalersailor,

quote:

Originally posted by whalersailor:
Chief I am surprised that one as savvy as yourself has not heard of "retainer" pay.

The Army and Air Force do not have an equivalent status, so they receive retired pay as soon as they retire.

Just to play with you, since you were playing with the chief....

Just like the Navy. You don't receive retired pay until you retire (ie 30 years). Up until that point 20 years to 30 years you get retainer pay.
Come on whalersailor, a person savvy as yourself has not heard that when you retire, you retire. It doesn't matter which branch your in. (Just funnin' with you whalersailor)

I retired with 28 years in, 22 active and 6 years as active reserve. So my retired pay is paid as a PO1 with 28 years for pay. I had to retire at 22 as I was at HYT. I had an extension for the last 2 years. So I was in the Fleet Reserve for 2 years. I retired in Aug 2002. My retirement pay falls under the Final Pay category.

This message has been edited. Last edited by: Jer_Pil,