Villanova University. Villanova University is a private research university located in Radnor Township, a suburb northwest of Philadelphia, Pennsylvania, within the Archdiocese of Philadelphia in the United States. Named after Saint Thomas of Villanova, the school is the oldest Catholic university in the Commonwealth of Pennsylvania.
You get one point for each day of duty. You need to accumulate 75 inactive points per year for 20 years to be eligible to retire. 60/75 POINT RULE. Guard/Reserve members may accumulate a total of 365 points per year (366 in a leap year) from inactive and active duty service (one point for each day of duty). However, for retired pay calculation purposes, members canât use more than 60 inactive points per year (for Reserve years ending before 23 September 1996) or 75 inactive points per year (for reserve years ending on or after 23 September 1996).
If you take early retirement once you reach the age of 62, your retirement benefit amount will be permanently reduced. The amount your benefit is reduced depends on the number of months you have until full retirement age (66 in 2013). This is called the âreduction factor.â. On the other hand, if you are awarded Social Security disability benefits (SSDI), your benefit amount will be equal to what you were entitled to receive once you reached your full retirement age. This is because SSDI and retirement benefits are based on how much money (in taxes) you paid to the SSA.