1. SEPARATION PAY
Element 43

2. Enabling Objectives
Upon successful completion of this topic, the audience will be able to:
IDENTIFY the references for ISP
UNDERSTAND the purpose of separation pay
IDENTIFY the amount a member is eligible for
LIST the requirements to qualify for ISP

3. References OPNAVINST 1900.4 MPM 1920-030 MPM 1920-040 MPM 1910-050

5. What is the purpose?
Separation pay is intended to assist members who are involuntarily separated in returning to civilian life

6. How much do I get?
Full separation pay is 10% of the product of the member's years of active military service and 12 times the monthly basic pay to which the member was entitled at the time of discharge or release from active duty.
Half separation pay is one-half the amount computed above

7. How much do I get (cont)

8. How much do I get (cont)

9. Service members who are eligible
Retention eligible
Involuntarily separated
Advancement eligible
Minimum Service = 6 years
Reserve Obligation = 3 years in the IRR

10. Service members who are not eligible
Members released from AD for denying training
Members who are immediately eligible for retired or retainer pay
Members who are released as part of the execution of a court-martial sentence, which includes discharge or dismissal.
Members separated under OTH conditions
Enlisted members separated because of misconduct or unsatisfactory performance

11. QUESTIONS?