Money, Military Retirement - Marine Corps Times

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Leaving the service


Whether you’ve served for four years or 30, transitioning back to civilian status is one of the biggest changes you’ll face in your military life. To ensure a smooth change, it pays to do your homework long before you hang up the uniform. Likewise, you should make sure you know as much as you can about the benefits you rate as a result of your military service.
  • Retiree COLAs: Tracking Inflation
    Military retired pay rises each year to ensure that inflation does not erode the purchasing power of retirees. These cost-of-living adjustments, known as COLAs, match the annual increase in Social...
  • Group officials blast retirement pay proposal
    An independent commission’s call for an integrated active and reserve retirement system — which would put an end to immediate retirement pay for active-duty members after 20 years —...
  • Retirement pay calculator
    Military members receive retirement pay under one of three pay systems: “Final pay,” “High-3” or...

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