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Separation Pay Element 43.

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Presentation on theme: "Separation Pay Element 43."— Presentation transcript:

1 Separation Pay Element 43

2 WHAT IS IT? MONETARY ASSISTANCE FOR CERTAIN INDIVIDUALS DETERMINED BY TYPE OF SEPERATION SPD CODES BLOCK 26 BLOCK 27-REENLISTMENT ELIGIBILITY BLOCK 28-NARRATIVE

3 TYPES OF SEPARATION PAY
FULL- MUST BE HONORABLE AND QUALIFIED FOR RETENTION .10((12 X MONTHLY BASE PAY)(YOS)) HALF- HONORABLE OR GENERAL DISCHARGE HALF OF FULL AMOUNT

4 GENERAL ELIGIBILITY FINISHED FIRST TERM OR PERIOD OF ELIGIBILITY
AT LEAST 6 YEARS OF SERVICE SEPERATING INVOLUNTARILY NOT YET ELIGIBLE FOR RETIREMENT NOT SEPERATING UNDER ADVERSE CONDITIONS

5 DISQUALIFIERS CHOOSING NOT TO REENLIST
LEAVING ACTIVE DUTY DURING INITIAL TERM ELEGILBILITY FOR RETIREMEMENT SEPERATION AS A RESULT OF : COURT MARTIAL OTH MISCONDUCT UNSATISFACTORY PERFORMANCE

6 FINAL PAY FROM ENTITLEMENTS TAXABLE INCOME ALL DEBTS LIQUIDATED
RESPONSIBLE FOR TRANSACTIONS POST SEPERATION MEDICALLY SEPERATED PERSONNEL WITH DISABLITIES MIGHT BE ELIGIBLE FOR ADDITIONAL PAY

7 OBLISERVE MUST AGREE TO SERVE 3 MORE YEARS IN THE READY RESERVE
ADDITION TO REMAINING SERVICE OBLIGATION

8 RESOURCES CPPA MILPERSMAN 1920-030, 1920-040, 1920-050 NAVADMIN 420/10
PUBLIC LAW- TITLE 10, CHAPTER 59, SECTION 1174 SECDEF POLICY


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