After my minimum 4 years military service, do i get a pension later in life or are there income requirements?

Question

After my minimum 4 years military service, do i get a pension later in life or are there income requirements?

Answer 1

Nope.  To qualify for a pension you would have to serve a minimum of 20 years.

Answer 2

there is no pension but if your discharged under medical conditions then you receive severance

Answer 3

you must serve a minimum of TWENTY years in order to receive militray retirement benefits.  

4 years will only get you the GI Bill and VA bennies like the home loan, assuming you otherwise qualify for them.  

Answer 4

You only get military pension only if you've served overseas not just nationally. And there's a minimum amount of years you need to serve.

http://www.dva.gov.au/factsheets/documen...

Answer 5

You get a military pension only after 20 years of service and you dont' receive that until your 60 years old.

Answer 6

Nope, but if you serve 20 years or more in AD, you will get paid immediately after your EAS... so, if you enlist at 18, and do exactly 20 (unlikely, it's usually a little more) you would start getting paid at 38... not too bad. Now, for NG, and I believe reserves, depending upon the original enlistment date, you can start receiving pay at 56, or 60, depending. However, medical starts at date you retire, as does certain other benefits.

I'll provide a lengthy link, but it fairly describes the different types of retirement, and general requirements. Pg 5 is specific to your question.

As to income requirements, nope. You do 20 min, or get perm disabled, you get what you earned, regardless if you make more or not.

Answer 7

Do yourself a big favor and learn about our Government, the history of the USA. The present and past situations the past wars and conflicts that we were involved in, the many controversies (The Illuminati), the US Congress, branches of government, etc. Then decide if you want to enlist. If I knew back when what I know now, I would of never got involved with the military. You decide what is best for you... and what's worth fighting for.

Answer 8

No, lifers are the only ones that get pensions.  

Answer 9

no you have to do twenty years or twenty years int he reserves to get a pension.