67 employees reported this benefit
Pension is good if you make it to 20 years or more.
Vested after 5 years. Transferable to other federal positions.
Very good retirement but you have to commit 20 years to get a half pension and then you have to wait to age 60 to collect. Active soldiers get 100% at 20 years, typical age 38. So, if you are 38 and just finished 20 years in the National Guard that check looks very good however you have to wait another 22 years to start drawing it.
Too difficult to manage your account. In the TSP program you have few options and if you wish to remove your money your screwed unless you have an emergency or are retiring.
Best program available, 20 year retirement without paying into it. Come with full health care.
Serve fifteen+ years and drew pension at age of 65. If you choose the option to deducted some percentage of your drill pay-check to Thrift Saving Program (TSP), that extra money on top of your twenty years pension pay.
After 20 years or more of honorable service, you will become eligible for pensions and retirement.
If you can make it the distance, the retirement is a nice benefit. It is adjusted for total years, but in the guard, there is an additional factor of the number of active duty days you have within each year.
Substandard pension benefits: 1/3 of overall salary.
Setting up a TSP account is a better bet.