SEPARATION PAY Element 43 Enabling Objectives Upon successful

SEPARATION PAY Element 43

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

References o o o OPNAVINST 1900. 4 MPM 1920 -030 MPM 1920 -040 MPM 1910 -050 MPM 1920 -050 o https: //www. public. navy. mil/bupersnpc/career/reservepersonnelmgmt/IRR/Pages/Involuntar y. Separation. Pay(ISP). aspx

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

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

How much do I get (cont)

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

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

QUESTIONS?