What are the average pensions for the U.S. Armed Forces?


Quick Answer

The Armed Forces of the United States do not have an average pension because the pensions are based on the status of the Armed Forces officer as well as time served. There is also a difference in pension types depending on when a person served with Final Pay (before September 1980), High 36 (September 1980 to August 1986) and Redux or Career Status Bonus Redux (after August 1986).

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Full Answer

In order to earn retirement with the U.S. Armed Forces, soldiers must stay in the army for a minimum of 20 years. For those who stay in the U.S. Armed Forces for 40 years, the Army offers a retirement plan worth "100 percent of final pay" notes the Wall Street Journal. The retirement plan benefits for those serving in the U.S. Armed Forces are much greater and accessible much earlier when compared to those serving in the military of foreign countries.

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