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Ok...I've been tracking this all morning since most of my patients cancelled!
What we know: HPSP years DO NOT count for creditable years for pay.
The question: Do HPSP years count for retirement?
Answer: Yes you get one year of HPSP good for retirement for every year in the Selected Reserves. No credit given if you are in active duty.
All information points to Title 10 of the US Code
http://www.law.cornell.edu/uscode/10/usc_sup_01_10_10_A_20_III_30_105_40_I.html
Specifically subsection 2126 : Members of the program: service credit
http://www.law.cornell.edu/uscode/10/usc_sec_10_00002126----000-.html
The specific Army memo with this information is attached, dated 23 September 2002, titled ""SUBJECT: Policy guidance on reserve service credit for participation in DOD health professions scholarship and financial assistance program." Note that it clearly states you need to be in the Selected Reserves.
The selected reserves is defined as (from globalsecurity.org):
The Selected Reserve [Selres] is the most readily available group of Army Reserve Soldiers. The Selected Reserve is comprised of Troop Program Units (TPUs), Active Guard and Reserve (AGR) Soldiers and Individual Mobilization Augmentees (IMAs). In the event of an emergency, all members of the Selected Reserve can be mobilized. Selected Reserve is comprised of: Reserve/Guard Units: Unit members are Guard/Reserve personnel assigned to Reserve organizations, and perform in drill periods & annual training as a minimum Individual Mobilization Augmentees (IMAs): Reserve personnel assigned to Active component organizations; perform in drill periods and annual training. Active Guard/Reserve (AGR): Reserve personnel on full-time active duty or full-time National Guard duty to provide support to the Reserve Components. All Members of the Selected Reserve are in an active status. --10 USC 10143
More info on DOD Instruction Number 1215.07
http://www.dtic.mil/whs/directives/corres/pdf/121507p.pdf
So what does it all mean: If you're an HPSP recipient, complete your initial active duty obligation, and then go into the regular reserves (TPU), IMA reserves, or national guard, you can get one HPSP year with 50 points good for retirement for each year in the SELRES.
Why this is useful: theoretically, one can make their 20 year retirement sooner if one can use HPSP years for retirement credit.
I said 65 points in a previous post, but I think it's 50. IRR is not considered SELRES.
If you are currently a dental student right now with HPSP, you may want to consider getting your minimum amount of retirement points (50) RIGHT NOW to give you a head start on making your 20 good years for retirement.
Yes this is confusing, and only pertinent to people who like me, left active duty to go into the reserves/guard and wish to finish 20 years in the reservevs/guard.
What we know: HPSP years DO NOT count for creditable years for pay.
The question: Do HPSP years count for retirement?
Answer: Yes you get one year of HPSP good for retirement for every year in the Selected Reserves. No credit given if you are in active duty.
All information points to Title 10 of the US Code
http://www.law.cornell.edu/uscode/10/usc_sup_01_10_10_A_20_III_30_105_40_I.html
Specifically subsection 2126 : Members of the program: service credit
http://www.law.cornell.edu/uscode/10/usc_sec_10_00002126----000-.html
The specific Army memo with this information is attached, dated 23 September 2002, titled ""SUBJECT: Policy guidance on reserve service credit for participation in DOD health professions scholarship and financial assistance program." Note that it clearly states you need to be in the Selected Reserves.
The selected reserves is defined as (from globalsecurity.org):
The Selected Reserve [Selres] is the most readily available group of Army Reserve Soldiers. The Selected Reserve is comprised of Troop Program Units (TPUs), Active Guard and Reserve (AGR) Soldiers and Individual Mobilization Augmentees (IMAs). In the event of an emergency, all members of the Selected Reserve can be mobilized. Selected Reserve is comprised of: Reserve/Guard Units: Unit members are Guard/Reserve personnel assigned to Reserve organizations, and perform in drill periods & annual training as a minimum Individual Mobilization Augmentees (IMAs): Reserve personnel assigned to Active component organizations; perform in drill periods and annual training. Active Guard/Reserve (AGR): Reserve personnel on full-time active duty or full-time National Guard duty to provide support to the Reserve Components. All Members of the Selected Reserve are in an active status. --10 USC 10143
More info on DOD Instruction Number 1215.07
http://www.dtic.mil/whs/directives/corres/pdf/121507p.pdf
So what does it all mean: If you're an HPSP recipient, complete your initial active duty obligation, and then go into the regular reserves (TPU), IMA reserves, or national guard, you can get one HPSP year with 50 points good for retirement for each year in the SELRES.
Why this is useful: theoretically, one can make their 20 year retirement sooner if one can use HPSP years for retirement credit.
I said 65 points in a previous post, but I think it's 50. IRR is not considered SELRES.
If you are currently a dental student right now with HPSP, you may want to consider getting your minimum amount of retirement points (50) RIGHT NOW to give you a head start on making your 20 good years for retirement.
Yes this is confusing, and only pertinent to people who like me, left active duty to go into the reserves/guard and wish to finish 20 years in the reservevs/guard.