You must file a return for 2016 if: You have to pay tax for 2016. We sent you a request to file a return. You and your spouse or common-law partner elected to split pension income for 2016. See lines 115, 116, 129, and 210. You received working income tax benefit advance payments in 2016.
The minimum number of points to be eligible for retirement at the age of 60 with 20 qualifying years of service is 1,000 (50 points per year) with a corresponding retirement pay equal to 6.94 percent (1,000/360 x 2.5=6.94%) of basic pay.
Reserve Topics of Interest. The Army Reserve requires that you make an 8 year military commitment, serve at least one weekend a month and two weeks a year. Terms of service for Army Reserve enlistmentâs are 1-6 years. Additional duty is possible. As an Army Reservist you may be required to serve full time when needed.