CONGRATULATIONS on your upcoming military retirement and welcome to the next chapter of your life! What an amazing career accomplishment. You have served at the top of your game, where you were "all knowing" regarding your daily active duty tasks. But, much like reporting into a new duty station in the past, transitioning into retirement can present unique challenges as well. Fear not, however, you are NOT alone! The Coast Guard’s Retiree Services Program, PPC’s Retiree & Annuitant Services Branch, and a network of fellow retirees are willing and able to assist and mentor you through your transition as a continuation of the Long Blue Line. Read more (National Retiree Council Co-Chair Letter)....

Submit retirement requests to the Coast Guard Personnel Service Center (PSC):

 Coast Guard PSC, Reserve Personnel Management Division, Separations (rpm-1)

• Visit the CG-PSC-RPM-1, Status Section for Reserve Retirement process information.
• CG-2055A, Reserve Retirement Transfer Request Form
• Also see ALCGRSV 017/18 Requesting Reserve Early Retirement and our article on computing the early retirement eligibility date.

Coast Guard PSC, Officer Boards, Promotions, and Separations Branch (opm-1)

• Visit the PSC-OPM-1 CG Portal site (CAC logon required) for Officer Separations FAQs, points of contact, and more - https://cg.portal.uscg.mil/units/psc/psc-opm/1/f/SitePages/Home.aspx
• Retirement Request Memos/Letter Templates (Via CG-PSC-OPM-1 CG Portal Site. CAC logon required).

Coast Guard PSC, Active Duty Enlisted Retirements (epm-1)

• Visit the PSC-EPM-1 CG Portal site for enlisted retirement information - https://cg.portal.uscg.mil/units/psc/psc-epm/SitePages/Retirements.aspx (CAC logon required).
• Retirement Request Memos/Letter Templates (Via CG-PSC-EPM-1 CG Portal Site. CAC logon required).

Reminder: PPC/RAS will no longer accept Form CG-4700 as your application for retirement pay. Instead, please submit DD-2656 at least 90 days prior to your date of retirement.

After your retirement request is approved by CG PSC (rpm-1/opm-1/epm-1), submit your retirement package and other forms and worksheets to the Coast Guard Pay & Personnel Center (PPC):

• Retirement Package
• Request Retirement Certificates (Unit must complete request at least 60 days prior to member's departure.)
• Retirement Checklist for Unit/SPO Yeoman (Personnel & Pay Procedures Manual, Chapter 3-F.)
• Retired Pay Calculators:
   
  • Retired Pay Multipliers (Spreadsheet). Use this spreadsheet to determine your multiplier based on years of service and retirement plan. 
  • Active or Reserve High-3 Retirement
  • Reserve Retirement

    Depending on the date you initially entered military service, also called the DIEMS date, your monthly Coast Guard Reserve retired pay will be calculated under the Final Basic Pay or High-3 formula as follows:

    DIEMS Date before 8 September 1980 - Final Pay

    1. Multiply your years of equivalent service (see equivalent service formula below) by 2.5%, up to a maximum of 75%.

    2. Multiply the result by the basic pay in effect on the date your retired pay begins (normally age 60).

    DIEMS Date on or after 8 September 1980 - High 36

    1. Multiply your years of equivalent service (see equivalent service formula below) by 2.5%, up to a maximum of 75%.

    2. Multiply the result by the average of your highest 36 months of basic pay.
    Note: The highest 36 months of basic pay for a service member who transfers to the Retired Reserve until age 60 will normally be the 36 months before age 60. Longevity service will continue and pay raises will continue to accrue. Service members, who elect discharge before age 60, will have their highest 36 months of basic pay based on the date of discharge. Longevity service stops and future pay raises will be considered.

    As can be seen from these two examples, if you initially entered military service on or after 8 September 1980, you should think carefully before requesting a discharge. Taking a discharge will impact your retired pay.

    *Equivalent Service = Total Creditable Retirement Points /360

  • Also see ALCGRSV 006/16, Requesting Reserve Early Retirement
     
  • Disability Retirement: The multiplier for disability retired pay is either:
    • 2.5 percent for each year of service, or
    • disability percentage assigned by the service at the time you retire

    For a member with 30 or more years of service, retiring on or before January 7, 2011, the retired pay multiplier may not exceed 75-percent. The retired pay multiplier is not limited for members with 30 or more years of service who retire on or after January 8, 2011. If you are on the Temporary Disability Retired List, the minimum multiplier is 50 percent while on the TDRL.

    PPC uses the method that results in the largest payment. But if you'd like to choose the other method, please send PPC your request in writing.

    Read more about disability retirement calculation in DoD Financial Management Regulation 7000.14-R (FMR), Volume 7b, Chapter 3, para 030102; Disability Retirement.

    Survivor Benefit Plan (SBP)/Reserve Component SBP - Information, Cost and Annuity Calculators

• Federal Benefits for Veterans and Dependents
• Former Spouses' Protection Act
• What Happens to My TRICARE Benefit When I Retire?
• TRICARE: Retiring from Active Duty. 

  A four-page brochure that explains TRICARE coverage options after retiring from active duty. The brochure describes what stays the same, what changes, what actions to take, and what program options are available. It also provides information on dental coverage and the pharmacy benefit. Contact information is also included.

For information concerning your final active duty pay, IRS Form W-2 (reporting taxable active duty wages) (use this link to request a replacement/duplicate W2) please contact PPC (SEP) at:

Toll- Free: 866-772-8724
Commercial: 785-339-2200
Web Form: PPC Customer Care
or
Commanding Officer (SEP)
Coast Guard Pay & Personnel Center
444 SE Quincy St.
Topeka, KS  66683-3591