Security Flashcards
1
Q
Job Security
A
4 to 6 year contracts
No strikes or layoffs
2
Q
Medical Care
A
Free or low cost medical insurance
Free or low cost dental insurance for self/family
3
Q
Post Employment Benefits
A
Blended Retirement System
**Legacy Retirement
4
Q
4 to 6 year contracts
A
-Enlistment contracts guarantee income & security
5
Q
No strikes or layoffs
A
-Department of Defense is here to stay!
6
Q
Free or low cost medical insurance
A
- ADAF & dependents will be provided with 100% health care coverage at no/low cost
- Reserve/Guard will have low cost monthly premiums for self & dependents
7
Q
Free or low cost dental insurance for self/family
A
- ADAF will be 100% covered at no cost to the member. Their dependents will be low cost
- Reserve/Guard will have low monthly/premiums for self/dependents
8
Q
Blended Retirement System
A
- As of 1 Jan 2018
- Automatic 1% of base pay to 401(K) like savings after 60 days of service
- Up to 5% matching contributions by DOD from 3 to 26 years
- Continuation Pay
- 40% of base pay monthly annuity for life after 20 years of service
9
Q
**Legacy Retirement
A
- Prior Service Members returning for service to Reserve/Guard with more than 4320 retirement points
- Less than 4320 will have the option to enroll in the Blended Retirement Program
- After 20 years of service retirement eligible
- Collection is a age 60
