Navy Offers Early Retirement

Week of January 30, 2012

The Navy will offer voluntary early retirement to certain Sailors separating due to the Enlisted Retention Board (ERB) through Temporary Early Retirement Authority (TERA). TERA is  a temporary, voluntary program that offers voluntary early retirement at a reduced monthly retirement pay to eligible members with 15 to 20 years of active service. Eligible Sailors who desire early retirement under TERA must submit an application. As TERA is not an entitlement, all eligible members must apply to receive benefits, and all applications may not necessarily be approved. For more information on the ERB visit the NPC Webpage or contact the NPC customer service center at 1-866-U-ASK-NPC. More information on ERB transition assistance can be found on the NPC webpage.

Learn more about the details on Early Retirement offer.