FAA30200815: (30200815) Non-Foreign Area Retirement Equity Assurance (NAREA) Training
| FAA30200815 | Active | ||
| (30200815) Non-Foreign Area Retirement Equity Assurance (NAREA) Training | |||
| BRIEFING | 2012-02-23 | ||
| The Non-Foreign Area Retirement Equity Assurance (NAREA) is a provision of the National Defense Authorization Act for Fiscal Year 2010 (NDAA), PL 111-84, which transitions the non-foreign area cost of living allowances to locality pay over a three-year period beginning in January 2010. NAREA offers an opportunity to retirement eligible to retire with a high-three average that includes a full locality pay rate during this transition period as long as they retire between January 3, 2010, and December 31, 2012. Employee must elect and pay a deposit into their retirement program at the time of retirement to receive this benefit | |||
| AAL-17 | AAL-1 | ||
| IVT | 2.0 | ||
| Prerequisites | |||