What Benefits Do You Get If You Are a Retired Member Army Reserve?


Quick Answer

Retired Army Reserve soldiers are allowed veteran employment assistance, and are given access to programs that can help find them employment and benefits to advance in both their careers and life. They are also offered payment for college, homing assistance, life insurance and retirement pay based on their specific enlisted hours of service.

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Full Answer

National Guard and Reserve service soldiers who dock 20 years of service or more can retire with pay from the army at age 60. A law passed in early 2008 states that members of these organizations with 20 or more years can begin to draw retirement benefits before age 60 if they deploy for war or a national emergency. For every 90 consecutive days spent in war or in service involving the protection of the country, members of the National Guard and Army Reserve can reduce the wait for benefits by three months, taken off the age of 60 requirement.

Soldiers in the Army Reserve can be involved in a program that sets back money for retirement savings via an investment plan, too, even if they have not been in service for the required amount of years. The program allows the person enrolled to give up to 100 percent of their pay to an investment account to be saved for retirement.

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