Reserves Question...2 Scenarios

[coolslugs]

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Scenario #1: Let's say one were to serve 4-5 years on active duty for HPSP, then decides to work in a civilian job but continue serving in the reserves. How would that work? How much is the reservist pay for a military dentist and what is the commitment?

Scenario #2: Serving 20yr active duty then join the reserves after...how will the retirement pay work? How will the retirement pay accumulate and how does it work for reservists?

Thank you!

 

[krmower]

Scenario #1: Let's say one were to serve 4-5 years on active duty for HPSP, then decides to work in a civilian job but continue serving in the reserves. How would that work? How much is the reservist pay for a military dentist and what is the commitment?

Scenario #2: Serving 20yr active duty then join the reserves after...how will the retirement pay work? How will the retirement pay accumulate and how does it work for reservists?

Thank you!

Scenario 1 occurs all the time. The pay charts for what a reservist makes can be found at www.dod.mil/dfas - click on 2010 military pay tables. You will then scroll down until you see the reserve pay. It's not a ton since you are only doing 1 weekend a month and 2 weeks a year. The benefit is if you ever deploy with the reserves your job will be secure. Also, I have seen some reservists that work as civilian employees be able to do their reserve time at the place they work at (Army base) and get paid for both jobs simultaneously.

Scenario 2 - I don't know. After 20 yrs active duty you will be in your 40's most likely - retirement will be 50% of your base salary. If you do additional time in the reserves it will not affect your active duty retirement - you do not draw reserve retirement until you are 60 yrs old - so you would have 15+ yrs from the time you retire from active to fine out 🙂

 

[NAVY DDS 2010]

Scenario #1: Let's say one were to serve 4-5 years on active duty for HPSP, then decides to work in a civilian job but continue serving in the reserves. How would that work? How much is the reservist pay for a military dentist and what is the commitment?

Scenario #2: Serving 20yr active duty then join the reserves after...how will the retirement pay work? How will the retirement pay accumulate and how does it work for reservists?

Thank you!

Scenerio #1 - if you would want to be a civilian dentist who owns their own (solo) practice, it is a recipe for disaster. If you are called up to active duty from the reserves, then you run the risk of losing your practice or at leaast a minimum your trained employees while you are deployed. If you have other dentists working for you or you work for someone else, then it is not as much of a problem.

Scenerio #2 - you cannot double dip. You can't draw retirement from active while working in the reserves.

 

[teeth63a]

Scenerio #2 - you cannot double dip. You can't draw retirement from active while working in the reserves.

Being in the reserves can work if you work as an associate for a group practice, and it's no skin off your back if you deploy, but like the above poster said, doing it as a solo provider is risky. Many reserve dentists' practice went into decline as they were called up for deployment.

The active component/reserve/guard retirement system is all tied together. Once you retire officially from the active duty, you immediately collect pension and cannot go back into service. If you retire out of the reserves/guard, you don't collect until you're 60. The situation significantly changes if you go from active duty to federal government employee, there's some wiggle room there for padding your retirement credit.

 

[Saddleshoes]

Scenario #1: Let's say one were to serve 4-5 years on active duty for HPSP, then decides to work in a civilian job but continue serving in the reserves. How would that work? How much is the reservist pay for a military dentist and what is the commitment?

Scenerio #1 - if you would want to be a civilian dentist who owns their own (solo) practice, it is a recipe for disaster. If you are called up to active duty from the reserves, then you run the risk of losing your practice or at leaast a minimum your trained employees while you are deployed. If you have other dentists working for you or you work for someone else, then it is not as much of a problem.

I did Scenario #1 --

Navy DDS is right about (solo) private practice folks. I saw a few of this guys come and go. They never lasted long and tended to get screwed with deployments. HOWEVER -- I worked for the state and the state was very kind to their Guard/Reserve employees. When I was deployed the state continued to pay me my state pay PLUS I got my Air Guard pay! I don't need to go into all the details here but a "State Dentist" in a Guard/Reserve unit can have a very sweet deal.

 

[coolslugs]

Scenario 2 - I don't know. After 20 yrs active duty you will be in your 40's most likely - retirement will be 50% of your base salary. If you do additional time in the reserves it will not affect your active duty retirement - you do not draw reserve retirement until you are 60 yrs old - so you would have 15+ yrs from the time you retire from active to fine out 🙂

How is the reserves retirement accumulated? Is it based on years of service? I know for active duty is 50% of base pay at 20yrs, and 2.5% for every year after that...how does it work for the reserves? Do you have to stay in the reserves until you are 60 to draw retirement pay?

 

[krmower]

How is the reserves retirement accumulated? Is it based on years of service? I know for active duty is 50% of base pay at 20yrs, and 2.5% for every year after that...how does it work for the reserves? Do you have to stay in the reserves until you are 60 to draw retirement pay?

No, you complete 20+ and retire. You begin drawing when you hit 60. Google search reserve retirement and you will find the info.

 

[korndoctor]

Scenerio #1 - if you would want to be a civilian dentist who owns their own (solo) practice, it is a recipe for disaster. If you are called up to active duty from the reserves, then you run the risk of losing your practice or at leaast a minimum your trained employees while you are deployed. If you have other dentists working for you or you work for someone else, then it is not as much of a problem.

Scenerio #2 - you cannot double dip. You can't draw retirement from active while working in the reserves.

What are the chances of being called up to active duty from the reserves in the army? is it the same for navy and af?

How long are deployments and how often for 8 year reserve commitment on the student stipend program?

 

[Saddleshoes]

What are the chances of being called up to active duty from the reserves in the army? is it the same for navy and af?

How long are deployments and how often for 8 year reserve commitment on the student stipend program?

Everyone has a different experience based on the needs of your unit.
I can share my experience of 20 years as a “traditional guardsman” in an Air Guard unit was like this…

Activated 3 times for federal duty …
-- Desert Storm for 3 months
--Iraq War for “Home Station Duty” for 2 or 3 weeks
-- 911 for “Home Station Duty” for 1 or 2 weeks

Activated for State emergency once
-1992 Mississippi Floods for 2-3 weeks

This was over and above the 2 week every year of annual training.

My friends in Army Guard units were activated more often and for longer periods of time.