In Army, majority of officers who seek premature retirement are in the rank of Colonel and Lieutenant Colonel. Criteria for acceptance of requests from.All qualified individuals must submit their application no early than 9 months and no later than 90 days prior to the date retired pay is to begin. Defense personnel who take premature retirement should be barred from eligibility to job reservation for Ex-servicemen quota. Retirement Benefits) Rules, 1958, had the right to retire under Premature Retirement Rules. The Army has ended the Temporary Early Retirement Authority (TERA) program. An officer granted PC is expected to serve till he or she attains the age of superannuation. The official website of the U.S. Air Force. They have been superb. As a permanent resident, you should begin to learn about this country, its people, and its system of government.