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Such elimination or actuarial reduction of immediate pensions would affect military retirees at an age when they are likely to have civilian job earnings nished by offering substantial cash bonuses to those involuntarily separated from the services beyond ten years and less than 30 years.
Eligibility for Military Retirement Pay. You may be qualified for U.S. Military Retirement if you: 1  Served on active duty in the U.S Army, Navy, Air Force or Marine Corps for a period of 20 years or more; or.2  Retired medically from the U.S. Army, Navy, Air Force or Marine Corps.ligibility for Military Retirement Pay. You may be qualified for U.S. Military Retirement if you: 1  Served on active duty in the U.S Army, Navy, Air Force or Marine Corps for a period of 20 years or more; or.