WebIf a Service member is eligible to opt into the Blended Retirement System as of December 31, 2024, but will soon after go over 12 years of service, they must make their opt-in decision and agree to the additional obligated service before reaching the completion of 12 years of service if they wish to receive continuation pay. WebBLENDED RETIREMENT SYSTEM (BRS) CONTINUATION PAY (CP) - CALENDAR YEAR 2024. The memorandum attached at the following link establishes eligibility, amounts, and additional service obligation for CP in CY21 as authorized in Title 37, United States Code, Section 356. This guidance is effective immediately and expires on 31 December 2024.
CALENDAR YEAR 2024 CONTINUATION PAY PROGRAM FOR …
Web2024 Military Active & Reserve Component Pay Tables (PDF - Posted Jan, 2024) Basic Pay Rates: Commissioned Officers (Posted Jan. 2024) Commissioned Officers Credited With Over 4 Years of Active Duty Enlisted and/or Warrant Officer Service (Posted Jan. 2024) Warrant Officers (Posted Jan. 2024) Enlisted Members (Posted Jan. 2024) WebWho Is Eligible for Continuation Pay? Any military member who is enrolled in the BRS is eligible for continuation pay. Both active and reserve … slang encyclopedia
2024 continuation pay published : r/army - Reddit
WebContinuation Pay. Continuation pay is a direct cash payout, like a bonus, available to Service members enrolled in the Blended Retirement System (BRS). It is targeted at the … WebArmy Continuation Pay Question. I hit 12yrs in June 2024. I've been holding off on applying for continuation pay in hopes that CY23 rate is higher than CY22. I noticed last year the Army didn't publish their rate until February. My question is, if I apply for the payment in 2024 but before the CY rate is published, what rate will I receive? WebJan 4, 2024 · Q: What should service members who enlisted after 2006 but before Jan. 1, 2024 know about the BRS? Q: How do changes in the retirement system benefit the DOD? Do you have questions about retirement? Contact Military OneSource at 800-342-9647 or start a live chat to schedule an appointment with a financial counselor. … slang expressions of surprise