HomeNewsArticle Display

Eligible Airmen may choose retirement plan at 14 1/2-year mark

JOINT BASE SAN ANTONIO-RANDOLPH, Texas (AFNS) -- The Air Force Personnel Center has developed an automatic notification process that sends a message directly to active-duty Air Force and headquarters Active Guard Reserve members when they reach 14 1/2 years of active service.

The new process will help ensure eligible military members are aware of their options in choosing a retirement plan with ample time to make an educated decision.

Prior to implementation of the new process, only about 52 percent of Airmen acknowledged the notification message, and during the new process preliminary testing, 95 percent of Airmen responded to the message.

The Career Status Bonus (REDUX) program was implemented in 1986. It allows Airmen who initially entered service Aug. 1, 1986, or later the option to choose either the REDUX retirement plan or the High-3 retirement plan once they have 14 1/2 to 15 years of active service. In 2000, a $30,000 bonus was approved for Airmen who choose REDUX.

Information about each retirement plan, including a link to a retirement calculator, is available on the myPers website. Enter Career Status Bonus or REDUX in the search window.

"Our goal is to ensure all eligible Airmen know what their options are and are able to make informed decisions," said Ann Lacey, a member of the military retirement policy and procedures branch. "We don't want to steer Airmen one way or the other, but we do want them to be aware that they have reached the decision eligibility point. So, we also use the notification message to point them to resources that will help them choose the most beneficial plan for them."

Under the new notification process, Airmen will get an email at their 14 1/2-year mark. The email will include an embedded link to an information page with an acknowledgement button. Airmen must click the acknowledgement button to let AFPC know they are aware of their options. Doing so will take them to a page that includes in-depth information about each option.

"Acknowledging that you've been notified does not mean you are accepting the REDUX plan or rejecting it," Lacey said. "It just lets us know that you are aware. For Airmen who are unable to respond to the initial notification, we'll send three follow-up reminders."

The default plan is the High-3 retirement plan, so once Airmen have acknowledged the option to choose, if they do nothing, they will automatically get the High-3 plan. Airmen who want the REDUX plan must complete the election form, have their commander sign it and then submit it to AFPC by their 15 years of active-service date.

Because of significant differences between the two plans, Air Force officials recommend Airmen seek financial counseling before they make a decision.

"Every Airman and Family Readiness Center is required to have a certified financial counselor on staff, so we recommend that all Airmen contact their local center for assistance before they make their retirement plan decision," said Jeffrey Nelson, a community readiness analyst with AFPC. "Every Airman's situation is different, and our counselors won't direct Airmen one way or the other. What they will do, is work with each Airman to help them understand the impact their decision will have, short-term and long-term."

Engage

Facebook Twitter
“Always know that you are always preparing yourself. You are preparing yourself by being here. You’re living your f… https://t.co/B1ol3334Td
If it's in the air, maintenance put it there! Airmen Duncan completes a post-flight inspection of a KC-135 Stratot… https://t.co/IAdPmkLKqS
And, take off! 🚁 Airmen perform pre-flight checks for lift-off of the first test flight of the Air Force’s newest… https://t.co/f6X0jHjAeJ
Multinational exercises enhance coordination of combined air tactics, hone techniques and procedures while strength… https://t.co/xFiSObRaRI
The winner for this year's Spark Tank Competition will be decided this week at the Air Force Association's Air Warf… https://t.co/okbnkdzTeO
RT @SecAFOfficial: Katherine Johnson was a trailblazer. She was dedicated to her craft & excelled, despite racial & gender barriers. She en…
RT @HQ_AFMC: Making every 💰💲 count...as the @usairforce rebuilds @TeamTyndall from #HurricaneMichael, collaboration with community partners…
Aggressor on the move. #DYK Aggressor pilots employ tactics against other #USAF pilots that emulate potential adver… https://t.co/aRmclBhRN6
#ICYMI Friday, @SecAFOfficial outlined #AirForce #FY21 budget priorities and strategies for working with other serv… https://t.co/FeEseiME6u
Aircrewman fires a 50-caliber machine gun from an MH-60 Knighthawk during Cope North 2020. Cope North is an annua… https://t.co/Ugko7OpjQF
Airmen undergo egress training during Emerald Warrior 20-1. This training prepares special ops forces, force enabl… https://t.co/cwcC1agubh
RT @AETCommand: BIG change to the @usairforce's special warfare recruiting & initial training pipeline aimed at ensuring enlisted recruits…
This HGU-55/P helmet is fitted with a Hybrid Optical-based Inertial Tracker and day visor at Moody Air Force Base,… https://t.co/rMzsO03MLL
BRRRRRRTT The @A10DemoTeam travels the world showcasing the unique capabilities of the Thunderbolt II. The… https://t.co/giQWIwD0rA
Congratulations to @388fw and @419fw for reaching "full warfighting capability" with the F-35A Lightning II ✈️… https://t.co/5BwOupKSU7
Easy like Sunday morning. https://t.co/7Yp9fKDHnn
Congratulations to Air Force Civil Engineer Tim Sullivan, who was named the 2020 Federal Engineer of the Year! 🎉… https://t.co/tIafy8KqKs
Did you know anxiety and depression are invisible wound conditions that can affect our Airmen? They can manifest in… https://t.co/7TJn1CICbh
Airmen practice joint close air support during exercise Cope North 20 to improve combat readiness, develop integrat… https://t.co/GLpsJAlvCx
RT @inspire_af_: The @usairforce understands the importance of innovation, and @AETCommand is continuing to move towards student-centered l…