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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 Separation Pay Purpose
Eligibility (Advancement, Honorable/General, minimum time in service, PFA (SPD Code FT vs CR) Type of separation (Denial of Reenlistment, Reduction in force, etc)

3 Types of separation pay
Two primary types Full Half Computation Ten percent of the members years of service after being multiplied at 12 times their base pay at time of separation 12xBPxYOS/0.1

4 CCC consideration DD2648 Navy Personnel Command Reserve Obligation
Separation pay in conjunction with disability

5 Resources and references
Afloat Personnel Support Detachment 2730 McKean St Bldg 119 Ste 4 San Diego CA Ashore Ashore 3395 Sturtevant St Ste 1 Bldg 56 San Diego CA •OPNAVINST •NAVADMIN 420/10 •MILPERSMAN •MILPERSMAN •NAVPERSCOM (PERS-93)

6 Questions?


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