Officer Opportunities in the Navy Reserve

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Presentation transcript:

Officer Opportunities in the Navy Reserve Career Transition Office (CTO) http://www.public.navy.mil/BUPERS-NPC/CAREER/TRANSITION/Pages/Officer.aspx

Leaving Active Duty? Consider the Navy Reserve! A Minimal Time Commitment To The Navy Reserve Earns You: A secure retirement pension Medical benefits Extra monthly income Camaraderie, SGLI, paid travel and more…. Contact the CTO and discover the opportunities waiting for you!

Camaraderie, pride and patriotism Benefits 2-year involuntary mobilization deferment. Affiliation bonuses and critical wartime specialty pays Reserve retirement benefits (after 20 qualifying years of service) and TSP eligibility Full low-cost medical and dental coverage for you and your family Network for jobs and business opportunities GI-Bill transferability Educational benefits (Navy College, DANTES, CLEP, Apprenticeship Program, Montgomery GI-Bill) Life and long-term care insurance Full MWR privileges (golf, gym, & theater) Unlimited Navy Exchange & Commissary visits Recall opportunities / Active Duty for Special Work (ADSW) / Full Time Support (FTS) Space “A” availability for air travel Camaraderie, pride and patriotism

Involuntary Mobilization Deferment All Veteran personnel who affiliate SELRES within 6 months (183 days) of release from active duty qualify for a 2-year deferment from involuntary mobilization. Those who join the SELRES 7 to 12 months after leaving active duty are eligible for a 1-year deferment. 4

Get a bonus for joining the SELRES! Eligible officers/designators are entitled to an affiliation bonus in exchange for a 3-year SELRES commitment. Refer to NAVADMIN 165/13 for more specifics.

MUST EARN 20 QUALIFYING YEARS COMBINED ACTIVE AND RESERVE Need 50 minimum points to have a qualifying year based on your anniversary date. (Must earn 35 points annually + 15 gratuitous points). Can obtain a maximum total of 130 inactive duty points per FY via drills and correspondence courses … equal to 4 months on AD! Certain types of drills, e.g., funeral honors, will count in addition to the 130. Estimate your retirement You earn 15 points, gratuitous, if in the IRR or a SELRES. A good year consists of 50 points. So, you only need to earn 35 additional points in any given year. Each day you spent on active duty you earned 1 retirement point. As a SELRES you earn 1 point for each drill (1 drill equals 4 hours). One month (or weekend) of drill will net you 4 retirement points. Each day of your Annual Training (AT) you earn 1 point (same as on active duty). If you take an ADSW you earn 1 point for each day (incidentally, if you take an ADSW you will receive an new DD214). There are a total of 48 drills in a year (4 drill periods per month). As a SELRES, in a paid billet, you must do 40 of 48 possible drills and a 12 day AT. So, you will earn a minimum of 67 points as a SELRES (15 gratuitous plus 40 plus 12). If you do all 48 drill periods you will earn 75 points for the year. Congress has placed a maximum ceiling of 90 points for SELRES members. To stay active in the Reserve you must get at least 27 points. This will not give you a good year toward retirement but you will avoid going S-2 status. 6

How Do I Earn Retirement Points? 1 day on active duty = 1 point. 1 drill period (4 hrs.) = 1 point. (Four in a weekend) Each correspondence course has its own worth. Excellent way to earn points. 15 points a year for just being a Reservist. Talk with a CTO TA to figure out your individual points and individualize your retirement calculator. You can download your NEOPS report right at your laptop by logging on to:   www.bol.navy.mil This allows reservists to view and print their participation record in a secure environment, 24 hours a day, 7 days a week. This service is available to all selected reservists (unless on recall to active duty), IRR members, members on the temporary disabled retired list, retired reservists without pay and NRA's (reserve activities, air facilities, redcoms and PSD's). Log on to the site and further directions are provided. 7

TRICARE Reserve Select MEMBER ONLY FAMILY One Tier System Monthly Premium $51.62 Annual deductible E4 & below: $50 Annual deductible E5 & above: $150 Prescription Drug Plan One Tier System Monthly Premium $195.81 Annual deductible E4 & below: $100 Annual deductible E5 & above: $300 Prescription Drug Plan Monthly premium is low for family and member! Great for students, business owners and those that work in small companies. At a minimum this allows for options and much cheaper then COBRA if considering changing jobs! 8

Career Opportunities: Civilian & Military Affiliation with the Navy Reserve can lead to additional civilian career opportunities: Network with Naval Officers who already have successful civilian careers “Built-in” wardroom of advocates/references who want you to succeed. Establish your civilian career by taking advantage of a 2-year involuntary mobilization deferment Volunteer for a mobilization when it fits your schedule NAVADMIN 007/07: All Veteran Personnel who affiliate with the Navy Reserve within 6 months (183 days) of release from active duty qualify for a 2 year deferment from Involuntary Mobilization; affiliate with the Navy Reserve between 7 and 12 months (184-365 days) of release from active duty and qualify for a 1 year deferment from Involuntary Mobilization (NAVADMIN 007/07) Sailors can volunteer to perform a mobilization during their deferment period; however, it is strictly voluntary.

Post 911 GI-Bill Transferability Servicemembers eligible for the Post-9/11 GI-Bill program will be able to transfer unused educational entitlement to their eligible dependents. The transferability option must be elected while actively serving (AD or SELRES) with no breaks in service. You must fulfill your required 4-year obligation with NO breaks in service or you risk breaking your contract and subjecting yourself to penalties. Post-9/11 GI-Bill NPC Site NAVADMIN 203/09 GI-Bill Transferability Transfer of Post-9/11 GI-Bill Benefits to Dependents

Education The Navy is committed to helping you reach your educational goals. Check out the Navy Reserve Education page for more details.

Reserve Pay Each monthly drill = 4 hours or 1 point, and you typically earn 4 pts/month or 48 pts/anniversary year*. Each annual drill = 1 point per day. You’ll earn at least 12 pts during your anniversary year. 2013 Pay Charts *check your ARPR/ASOSH in Bupers Online for your anniversary date.

Civilian Pay vs. Reserve Pay (What you get for your time) A Drilling LT (over 4 yrs on pay scale) 36 days per year = $10,233 annually ($35/hour), plus a retirement at age 60! Justification: 36 days/yr from the below: 24 drill days (48 drills/1 weekend per month) + 12 days annual training=36 days/year to secure retirement pay and medical benefits for you and your spouse. Assumption: LT comes off AD with 5 yrs 36 days x 15 years = 540 days which equates to 2.25 years of total work to earn your retirement and peace of mind for your family. For 2.25 years of actual additional work, the officer is looking at almost 2 million dollars. Est. 1.3 million dollars (if you draw on your pay for 20 years and are an O-5) + Est 280K of savings in medical premiums over a 20 yr period = 1.5 million retirement + intangible benefits! 13

How easy is it to find a unit and work with my schedule? There are Navy Operational Support Centers (NOSCs) and Reserve units throughout the country. If it is over 50 miles from your home, the Navy pays for berthing during your drill weekend. Flex drills/rescheduled drills are also available. This allows the Reservist to perform duties on a schedule that meets the needs of the Navy and the Reservist. Its more manageable then you think, and drilling sites are throughout the country not just in Norfolk and San Diego.

Navy Reserve Drill Sites http://www.navyreserve.com/about/locations/

What kind of work is there? Officers will be given leadership assignments much like AD and train with the supported command, alongside their AD counterparts: Division Officer Tour Department Head Tour Command Tour (CO/XO) Officers may work in their specialized designator using their specific warfare training, or they may fill a non-warfare specific job that allows a new experience and focus more on staff work, research, ground job experience, etc.

Work with the Career Transition Office A CTO transition assistant will ensure a smooth transition to the SELRES. A wealth of knowledge: Local procedures PSD liaison Customize a retirement calculator based on your experience Medical facilities liaison Reserve Oath of Office management to ensure there is no break in service Find the billet that is right for you. 17

Please contact the CTO at (901) 874-4192, DSN: Information and Links To learn more about the Navy Reserve To learn more about the Career Transition Office To learn more about the benefits of the Navy Reserve To learn more about the 2-year involuntary mobilization deferment To learn more about Reserve retirement To create a personal retirement calculation (requires CaC access) To learn more about TAMP To learn more about TRICARE Reserve Select To learn more about the Post 9/11 GI-Bill To learn more about SGLI and long-term care insurance To learn more about the MWR, Navy Exchange, and Commissary Please contact the CTO at (901) 874-4192, DSN: 882-4192 or cto.officer@navy.mil for more info.