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#1
posted to rec.boats
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....of high cholesterol and high blood sugar.
Scared the crap out of me. That's it. No more reading! |
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#2
posted to rec.boats
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John H. wrote:
...of high cholesterol and high blood sugar. Scared the crap out of me. That's it. No more reading! Back when I was 21 years old my reserve unit's squadron gunney told us that the average time a USMC reservist collects retirement pay was 18 months. I decided that I would get out after my first hitch. I wanted to live past 63 1/2. |
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#3
posted to rec.boats
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On Thu, 17 Jul 2008 10:50:24 -0400, BAR wrote:
John H. wrote: ...of high cholesterol and high blood sugar. Scared the crap out of me. That's it. No more reading! Back when I was 21 years old my reserve unit's squadron gunney told us that the average time a USMC reservist collects retirement pay was 18 months. I decided that I would get out after my first hitch. I wanted to live past 63 1/2. My youngest brother retired from the Navy Reserves as an O-5. He'll start drawing his pay in another 11 years. Because of the way they calculate the pay, he's not too thrilled. He thought he'd get 50% of his base pay, but it actually works out to about 35%. But, that'll be enough to pay his electric bill. |
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#4
posted to rec.boats
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"John H." wrote in message ... On Thu, 17 Jul 2008 10:50:24 -0400, BAR wrote: John H. wrote: ...of high cholesterol and high blood sugar. Scared the crap out of me. That's it. No more reading! Back when I was 21 years old my reserve unit's squadron gunney told us that the average time a USMC reservist collects retirement pay was 18 months. I decided that I would get out after my first hitch. I wanted to live past 63 1/2. My youngest brother retired from the Navy Reserves as an O-5. He'll start drawing his pay in another 11 years. Because of the way they calculate the pay, he's not too thrilled. He thought he'd get 50% of his base pay, but it actually works out to about 35%. But, that'll be enough to pay his electric bill. An 0-5's base pay is now about 7200 per month if they have over 4 years enlisted service. That works out to be about $2500 per month if he was old enough to retire now. In 11years the pay is likely to be more. He should have enough to pay keep his lights on a few hours. |
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#5
posted to rec.boats
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On Thu, 17 Jul 2008 13:43:13 -0400, "Lu Powell"
wrote: "John H." wrote in message .. . On Thu, 17 Jul 2008 10:50:24 -0400, BAR wrote: John H. wrote: ...of high cholesterol and high blood sugar. Scared the crap out of me. That's it. No more reading! Back when I was 21 years old my reserve unit's squadron gunney told us that the average time a USMC reservist collects retirement pay was 18 months. I decided that I would get out after my first hitch. I wanted to live past 63 1/2. My youngest brother retired from the Navy Reserves as an O-5. He'll start drawing his pay in another 11 years. Because of the way they calculate the pay, he's not too thrilled. He thought he'd get 50% of his base pay, but it actually works out to about 35%. But, that'll be enough to pay his electric bill. An 0-5's base pay is now about 7200 per month if they have over 4 years enlisted service. That works out to be about $2500 per month if he was old enough to retire now. In 11years the pay is likely to be more. He should have enough to pay keep his lights on a few hours. I don't know if he will get the 'current' base pay or that which was in effect when he retired. He had only a year or two of enlisted time. They paid him as an E-5 while he was finishing college. |
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