Navy reenlistment bonus calculator

Navy reenlistment bonus calculator. The reenlistment or entitlement will Navy Accessions Training (NAT) and Prior Service (PS) Sailors bonuses have been increased to $20,000 for 3 years of SELRES service for all rates in the Navy Reserve. , Basic Pay, Basic Allowance for Housing (BAH), and Basic Allowance for Subsistence (BAS) are the fundamental components of military pay. Depending on the specialty, the zone and the rank, SRB bonuses in the Marine Corps can pay anywhere from $6,400 to $50,000. MILPER Message 23-389, SRB (Rescinded 11 Oct 23) 2. a minus symbol (-) decreased from the last SRB update, including those reduced to zero; those with a plus sign (+) increased. Not too much changed from the previous release beyond the extension of the Jun 23, 2023 · The Navy is offering up to $75,000 in enlistment bonuses for those entering the nuclear field — up from the $50,000 it previously offered and the maximum offered to all other ratings. Navy Recruiting Command released its forth active duty Enlistment Bonus (EB) message for Fiscal Year 2022. The size of the bonus is based on several factors E. This NAVADMIN supersedes Nov 3, 2022 · Selective reenlistment bonuses change often to fit critical needs. Jun 20, 2018 · There are quite a few reasons a hard-working military service member may decide to reenlist. The Selective Reenlistment Bonus Program encourages enlisted personnel to reenlist in critical occupational specialties. (5) Sailors who will cross zones and have not received a bonus in that zone, may reenlist within one calendar year of their EAOS. I understand how the zones work, but I've found little to no information on how the tiers factor in. mil. xmlì—ÛnÛ Çï'í ,n§ÔÆG Õ©šuž&uRÔ´ @mÒXÅØ ’¦›öî Ÿ‚ã¨ê ø*Àÿ;ñ ú ×7Ç‚Z ÂE^² À+ X„¥e–³ REDUX Calculator - This calculator estimates your retirement benefits under the REDUX retirement plan for those who opted for the Career Status Bonus at 15 years of service, but are not yet retired. PERS-8031 provides policy and guidance on active duty and This NAVADMIN announces revised Selective Reenlistment Bonus (SRB) award levels and reenlistment policy for active component and Full-Time Support (FTS). Zone A is 17 months to 6 years of active military service, Zone B is six to 10 years of active military service, Zone C is 10 to 14 years of active military service. DEPARTMENT OF THE NAVY OFFICE OF THE CHIEF OF NAVAL OPERATIONS 2000 NAVY PENTAGON WASHINGTON DC 20350-2000 OPNAVINST 1160. It is targeted at the mid-career mark, payable between completion of eight years of service, but before completion of 12 years of service (calculated from a service member’s Pay Entry Base Date). The new EB guidance effective date is June 18, 2023, and it supersedes the April 4, 2023 release which actual effective date was April 1, 2023. Feb 29, 2024 · ABF1 Cedric Mathis (left), assigned to NAVSUP FLC Yokosuka Fuels Department, and his wife, ABF1 Aleesha Mathis (right) of USS Ronald Reagan (CVN-76), take an oath of enlistment during a Maximum Enlistment Bonus Upped to $50,000. Benefit Highlights. (2) CODE 1RB, Broken Service Reenlistment for FTS SRB. Jun 21, 2019 · Marines Selective Reenlistment Bonus . fct@navy. , cannot be made at BUPERS-328. A Selective Reenlistment Bonus (SRB) may be paid to a U. (monthly/when qualified) Note: Selective Reenlistment Bonus amounts will vary based on your Rating (NEC), Paygrade, Time in Service, and Reenlistment Term. The SRB for the Marines is determined by MOS, rating, and zone. The initial payment will equal 50 percent of the. Recoupment. %ÿ€ uGVÅ‚=¹\i8X•r ZôJ ª%\•å †ß PÍ4ÅÎH ;s ¢>ø¼ù¼67M¯iËzoÉ¥#+ ¦DÎ Yø ÙBêó5¢V¡¥$Á°~ÊéˆÊû"c 'ZýŸèïkÑRRF%…š æùì8 ´¼¤Es Ü™F|ç0¼2 §Xn/É¢÷1±=cÎWÏ7 Enlistment Bonus for Shipping (EBSHP) For those who are reclassified (Note 1 and 2) or enlist on or after December 16, 2021, and ship to boot-camp in the months of January or February 2022, are eligible for an enlistment bonus of $4,000. Jan 21, 2022 · MILLINGTON, Tenn. Today's update keeps the Enlistment Bonus for Shipping (6) Reenlistment bonuses for nuclear-trained Sailors. Q. The STAR program allows certain Navy career fields to reenlist as early as 21 months into active duty and to gain any reenlistment perks and benefits that their career field offers at a much earlier stage of their career. The Air Force is now offering even more money for troops to reenlist and stay in 73 of its toughest and most critical jobs. • Special warfare Oct 30, 2020 · A bonus may not be paid if you have failed to complete satisfactorily any original term of enlistment in the armed forces. Thankfully, you can gather data to do the calculation yourself. 1, 2020 (FY21) or anytime within the fiscal year their enlistment expires. The means the longer after the start of your initial contract, the more months you add to your new contract, and the more money you get for said reenlistment. codes: (1) CODE 1RR, Immediate Reenlistment for FTS SRB. To ensure success of the EB program Jun 4, 2014 · Generally most military members who desire to reenlist may only do so shortly before their current contract is set to expire. The new EB message supersedes the guidance released just a few days ago on January 16th, and introduces a major change. **Enlistment Bonus Source Rates (EBSR) vary based on jobs. That's also why it's a "retention" bonus, not reenlistment. On, December 1, 2023, Navy Recruiting Command released its first enlistment bonus (EB) update for Fiscal Year 2024. The zones are determined by the length of service. csd. Reserve Duty Enlistment Bonus Source Rates** Reserve Duty Sailors who ship from October 2023 – September 2024 and affiliate with a drilling Navy Reserve unit may qualify for bonuses. The percentage method is used if your bonus comes in a separate check from your regular paycheck. Today, the Navy released an update to the Selective Reenlistment Bonus (SRB) award plan for active component (AC) and full time support (FTS) Sailors in NAVADMIN 212/16. SRB calculations are based on variables that are updated once a quarter. With a total bonus budget of $382. c. This policy applies to all NAT and PS Sailors affiliating with the drilling Selected Reserve on or after March 24, 2023. 5K $0 - $27. Chat with a recruiter to find out more. *The age requirements for joining the Navy depend on the path you take, and they exist mainly to ensure you’re able to succeed in a challenging environment. This makes an SRB calculator impractical. · This policy applies to all NAT and PS Sailors affiliating with the drilling Selected Reserve on or after March 24, 2023. This NAVADMIN announces revised Selective Reenlistment Bonus (SRB) award levels and reenlistment policy for Active Component (AC) and Full-Time Support (FTS). The new EB guidance is effective December 3, 2023, and it supersedes the one released in August 2023. Aug 27, 2019 · Published August 27, 2019. 8B From: Chief of Naval Operations Subj: SELECTIVE REENLISTMENT BONUS PROGRAM Ref: (a) 37 U. Sometimes the dates work out better to extend rather than reenlist. SRB is calculated by multiplying your basic pay (times) number of SRB eligible months reenlisting for (divided by 12) then multiplied by the SRB award level for your zone. The effective date is today, February 13, 2022. These bonuses, which can range Oct 31, 2023 · High Year Tenure (HYT) is the Navy’s force management policy that sets specific limits on how long a Sailor can serve based upon paygrade. LT/O3 with Date of Rank on or after 01 Jan 2021 or in-zone for LT/O3 in PY24. The bonus is intended to encourage the retention of enlisted personnel in military skills with either demonstrated retention shortfalls or high Feb 23, 2021 · The Navy offers a monetary bonus for enlisted sailors (Active Duty and Full Time Support [FTS]) who agree to re-enlist in "shortage" ratings (jobs) . The list is subject to change at any time, but at the time of this writing, some of the careers that offer bonuses to new recruits include: Advanced Electronics Computer Field (AECF-AEF) — $10,000. No identifying data is requested nor Sep 10, 2021 · Any adjustments to requested reenlistment date, reenlistment term, paygrade, skillset qualifier, etc. Sailors approaching HYT limits will be unable to re-enlist, extend, or negotiate orders, unless they receive an HYT Aug 27, 2019 · WASHINGTON -- Effective Sept. Reenlistment and Extension requests should be submitted at least 4 weeks prior to the member's EAOS/SEAOS/TRF date/C-WAY expiration. Air Force has added new opportunities for qualified future Airmen to receive bonuses upon entering active duty service, including a new “quick ship” program for immediate enlistment. POC: If you have any problems submitting an application into CWAY, please contact the CWAY Help Desk at 901-874-2102. · Navy Accession Training (NAT) and Prior Service (PS) Sailors bonuses have been increased to $20,000 for 3 years of SELRES service for all rates in the Navy Reserve. This calculator is designed to assist eligible service members in comparing the legacy military retirement system (commonly referred to as the Hi-3 System) and the Blended Retirement System (BRS). d. Refer to MILPERSMAN 1160-120 in regards to high year tenure and STAR Program. Today's update keeps the Enlistment Bonus for Shipping (EBSHP) at the previous amounts for those Apr 17, 2020 · Payouts for 29 other skillsets remained unchanged. Any failure to fulfill the service requirements specified in the The STAR reenlistment bonus caps at $100k. The amount of an eligible sailor’s Selective Re-enlistment Bonus is based on a formula: Each selected skill is assigned a multiple, which is then factored in with their basic pay and the number of months for which they're re-enlisting, up to the payout maximum for which their skill qualifies. ¦æ4ÎVOrQÏ. Navy Reserve Navy $14,000 Shipping Bonus Extended. (1) All bonuses authorized by this NAVADMIN will be paid in. Re-enlistment Zone A is sailors with up to six years of service; Zone B, six to 10 years; Zone C, 10 to 14 years. Likewise, due to the high volume of applications being submitted, please do To join the Navy, you must: Be between the ages of 17 and 41 for Enlisted programs. Air Rescue Swimmer (AIRR-ATF) — $36,000. For FTS SRB reenlistment requests, use one of the below listed type. The bonus Enlisted Career Administration. 7 million — with $230. The level depends on the need in a given skillset. The maximum reenlistment lifetime bonus amount is $360K for SRB and ESRP contracts since 1 October 2013. For instance, in 2020, the Marine Corps SRB program included kickers for early reenlistment, aviation maintenance, air traffic controller and squad leader. Combat Zone Tax Exclusions (CZTE) Being assigned to or working in a combat zone triggers another tax advantage. The new EB guidance, effective Monday, June 26, 2022, is the twelfth one so far this fiscal year. Members who reenlisted for an SRB will be entitled to the full bonus amount. a and are Mar 17, 2015 · Answer. Foreign Language Pay. The program rewards valuable contributions and is a force management tool. New – MILPER Message 24-089, SRB (Effective 3 Apr 24) MILPER Message 23-479, SRB (Rescinds 3 Apr 24). EBSR is earned and payable upon graduation from A or C school. If you are not yet 18, you need parental consent to join. New Accession Training and Prior Service Sailors are Apr 19, 2023 · What you need to know – key points. Regular Military Compensation (RMC) is defined as the sum of basic pay, average basic allowance for housing, basic allowance for subsistence, and the federal income tax advantage that accrues because the allowances are not subject to federal income tax. Armed Forces enlisted member who meets the following conditions: Meets the conditions of Zones A (reenlistments falling between 17 months and 6 years of service), B or C (reenlistments or extensions falling between 6 and 14 years of active service) eligibility. Today’s update increases the Air Traffic Controller, Cryptologic Technician (Technical), and the Navy Don't forget you CAN also extend your enlistment and get an SRB as long as it's for 36 months or longer. The policy interlock is managed by assigned user role, and not the individual (i. (NNS) – The Navy has today announced its updated FY22 enlistment incentive bonuses in an effort to recruit the highest quality of recruits and to ensure Fleet readiness. Nov 4, 2022 · The Navy official site lists its current bonus-approved career fields. installments, less taxes. 2. The new EB message supersedes the guidance released on January 20th. The information requested is necessary to determine your cash salary elements and estimate your marginal Federal tax bracket. 1 million allocated Here Are the 73 Air Force Jobs Offering Big Reenlistment and Retention Bonuses The Air Force is now offering even more money for troops to reenlist and stay in 73 of its toughest and most critical Aug 30, 2022 · There is no military bonus tax calculator because there is no single rate of tax for military bonuses. Jun 20, 2020 · The Selective Reenlistment Bonus (SRB) is the Department of Defense’s tool to keep highly skilled military members in uniform and often to help shore up retention in critically-staffed career fields. Current Retention Bonuses. The total enlistment bonus cap for Nukes Enlistment Bonus Program Effective 13 MAY 2024 Bonus Amounts Per Years of Enlistment Applicable Job Code (JC)/MOS(s) Level 3YRS 4YRS 5YRS 6YRS Level 1 $25K $40K $45K $50K N/A Level 2 $0 - $17. PK !yäÜa ò ppt/presentation. The implication of this limit is that to earn a $150K bonus the minimum AOS required is 60 months. Navy Recruiting Command released its fifth active duty Enlistment Bonus (EB) message for Fiscal Year 2022. RC to AC/TAR Quotas *Updated 5/1/24. 18 in NAVADMIN 036/16 that includes 14 award level increases, 54 award level decreases, 15 skills added, and 32 This calculator will compute your regular military compensation based on your inputs. All I've found on the Internet is to take your monthly base pay, multiply it by the multiple in your zone, then multiply it by the number of years you're reenlisting, but that seems to ignore the tier section altogether. Jun 1, 2023 · FY25 ERA Program eligible Marines, per paragraph 5, in Zone A who submit for a minimum of a 48-month reenlistment between 1 December 23 and 31 March 24 with a PMOS listed in paragraph 6. Feb 11, 2020 · The United States military uses Selective Re-enlistment Bonuses to encourage people with certain skills to re-enlist. The program provides a monetary incentive to sailors with critical skills and experience to stay Navy and rewards sailors who possess May 20, 2024 · RMC Calculator. a. $150 – $225. The new EB guidance backdates the effective date to December 1, 2022, and it supersedes the September 16th release. This is called the Selective Reenlistment Bonus (SRB) plan. disa. The information contained on this page was effective from December 3, 2023 to April 20, 2024. This exclusion is unlimited for enlisted members and warrant officers and is limited to $7368. This percentage method is also used for other supplemental income such as severance pay, commissions, overtime, etc. RMC represents a basic level of compensation which every service member Today, December 6, 2022, Navy Recruiting Command released its first enlistment bonus (EB) update for Fiscal Year 2023. mil NEW SRB & ESRP CAP CALCULATION METHOD: Effective 16 October 2018 - SECNAV has capped the total bonus at $30K/year of AOS ($2,500/month of AOS). e. two different SRB Desk staff cannot work together to make the Nov 1, 2020 · Bonuses are set at five maximum levels — $30,000, $45,000, $60,000, $75,000 and $100,000. The Nuclear Power bonus increased from $28,000 to $38,000, and the other ratings' bonus amount Jun 22, 2023 · Here is a list of some of the other Navy jobs being offered enlistment bonuses, which can be combined with the $25,000 shipping-out bonus: • Air rescue swimmer — $15,000. The command must submit a special circumstance application, but may submit the SRB request prior to receiving the CWAY quota. May 21, 2024 · The Navy Selective Reenlistment Bonus amounts fall into the following categories: Tier 1: $30,000 – $100,000 – The payouts are awarded to the most critical skills. Depending on the branch of military service, this bonus may be referred to as a Selective Retention Bonus, but the idea is essentially the same. Do not contact the RC to AC Coordinator as he does not maintain the Cway website. High Year Tenure (HYT) Incentives. navy. (b) DoD Instruction 1304. The Navy uses HYT to help ensure community health and equitable advancement opportunity. Welcome to the Department of Defense Blended Retirement System Comparison Calculator. The U. This NAVADMIN updates the June MILPERSMAN 1306-1502 Updated MPM. Continuation pay is a direct cash payout, like a bonus, available to service members enrolled in the BRS. To estimate your bonus, use the Navy’s Reenlistment Bonus Calculator. An official military resource, myPay brings your pay information right to your computer in a secure, user-friendly environment. It is intended to be used in conjunction with the mandatory BRS STAR reenlistment is a unique reenlistment which moves your contract to 6 years from the day it takes effect and counts as a 6 year reenlistment. Past rules (mentioned earlier in this article) issued by the Internal Revenue Service required the Defense Accounting And Finance Service (DFAS) to withhold 25% of that bonus (later reduced to 22%) on payment. mil using CAC and CAC-enabled computer. The actual tax you pay will depend on all your factors, including filing status, total income, deductions, and tax credits. EBSHP only exists while the Future Sailor is in the Delayed Entry Program, and it is earned and payable upon A $10,000, per year, signing bonus is authorized for selectees for the Active- Duty Direct Commission Lawyer commissioning program who accept their appointment and obligate four (4) years through an active-duty agreement (ADA). · Login to OPINS at https://miap. Feb 18, 2016 · Navy released an update to the Selective Reenlistment Bonus (SRB) award plan Feb. All bonuses are earned upon completion of Air Force training and either a six-year or four-year enlistment commitment. $150 (monthly) Parachute Pay. (3) Agree to reenlist active duty Navy for a period of 4 to 6 years (as required). total bonus amount. Advancement Manual for Enlisted Personnel of the U. For Sailors coming up on their reenlistment date, MyNavy Demolition Pay. TÎ,¾' m 6Ä(úºö£-ÑN ´k±xš±Sš =YÌ3 •³f‹5«­%^ߥè‰ÇZâõ^‹ÌÓ •žó… ó¸†O—X» »êì‰†ï· ö óìBåò!cži Jan 16, 2018 · Nuclear Machinist Mate 1st Class Brian Vandeventer, Navy recruiter at Toms River, New Jersey, is slated to receive $100,000 for staying in the Navy as part of the Selective Reenlistment Bonus program. All ePAR requests must be submitted to MNCC via the MyNavyPortal or by emailing MNCC directly at askmncc. The new EB guidance, effective tomorrow, May 11, 2022, is the eleventh one so far this fiscal year. Waypoints Today, Navy Recruiting Command released another Enlistment Bonus (EB) message for Fiscal Year 2022. Depending on a serviceman’s primary MOS, the bonus can be paid in a lump sum or in installments. 5K $0 - $35K $0 - $45K 12C, 13R, 14E, 18X, 19K, 35M, 35P, 35W, 89D, 92R Level 2B IIIB CS $0 -$12K $0 - $16K $0 - $20K $0 - $25K 12C, 13R, 14E requests for Selective Reenlistment Bonus (SRB), Enlisted Supervisor Retention Pay (ESRP) and Selective Training and Reenlistment(STAR). 20 in NAVADMIN 212/16. Career Waypoints – Reenlistment. · Career Information Management System (CIMS) automates Career Counselor office procedures and (2) Be a PO2 or PO3 on a first enlistment, and be eligible in all respects for reenlistment per MILPERSMAN 1160-030. Tier 2: $30,000 – $75,000 – Must be within 90 days of their end-of-service date. It supersedes the guidance released May 11th. Navy and U. FAQ. Apr 15, 2020 · The Navy has released the mid-2020 Selective Reenlistment Bonus offerings and the news is good for many Sailors in key skillsets looking to stay in and cash out. It is designed to increase the number of quality (test score category I-IIIA/IIIB) enlistments in MOSs that are critical and have inadequate first-term manning levels. This latest update includes 78 newly 5 days ago · Published May 30, 2024 at 10:46am ET. Additionally, the pro-rated calculation for current obligated service is no longer applied. Half the bonus is paid upfront in a lump sum and the b. May 25, 2024 · Enlistment Bonus (EB) is a monetary incentive offered to qualified individuals who enlist in the Regular Army for duty in a specific MOS. It supersedes the guidance released April 4th. The Community Management Support Branch (BUPERS-328) administers and implements enlisted career administration statutes, regulations, and policies relating to: Reenlistments. *. RMC Calculator - RMC represents a basic level of compensation which every service member receives, directly or indirectly, in-cash or in-kind, and Nov 4, 2020 · The Navy has made 78 more ratings eligible for a reenlistment bonus of up to $100,000 in fiscal 2021, and increased payouts for 14 more — but the bonuses for 51 skill sets already eligible will The Selective Retention Bonus, or SRB, program is a monetary incentive paid to active-duty Airmen and Guardians serving in certain selected military skills who reenlist for additional obligated service. xml ¢ ( ÄUKKÃ@ ¾ þ‡°Wi¶*ˆHS >Ž*¨àu› 6K÷ÅÎTÛ ïd«E¤VC ^ ’Ýù^û˜ÑåÒÙâ šà+q\ E ¾ ÚøY%žŸn ç¢@R^+ Š¬â¢„. Regular military compensation is the approximate amount of an equivalent civilian salary. ACTIVE COMPONENT RATING NEC ZONE A ZONE B ZONE C Tier One: $30,000 award ceiling ND The U. 8B N13 1 Apr 2019 OPNAV INSTRUCTION 1160. 30 per month in 2009, for officers. The amount of a bonus may not exceed $10,000, and is determined by the I'm wondering how SRB's are calculated. Supplemental wages are still taxed Social Security, Medicare, and Navy Reserve Enlistment Bonus Increased. 22. Starting tomorrow and until superseded, the Enlistment Bonus for Source Rate (EBSR) for the Nuclear Power Program (Nuke) is increased from $38,000 to $50,000. All increased SRB levels take effect immediately Selective Reenlistment Bonus (SRB) $30,000; $45,000; $60,000; $75,000; $90,000; or $100,000 cap depending on rating/classification and time in service. (3) CODE 1RC In addition to pay, enlistment and reenlistment are two types of military bonuses that encourage soldiers to start and/or stay in the service. Initial and anniversary payments. This NAVADMIN supersedes reference (a). This would bypass the requirement requiring two parties to agree. Oct 19, 2020 · Starting this year, any member eligible for a SRB will be allowed to reenlist beginning Oct. For more information about current qualifying critical skills and location eligibility contact your local personnel office, Air Force recruiter or Space Force recruiter. According to the service, the entire Selective Reenlistment Bonus budget for fiscal year 2020 is $382. S. Anniversary payments will be the remaining 50 percent of. xml ¢ ( Ì›mo›0 €¿OÚ ˆø:% ȺnjZM{‘&í¥R;i_=¸ 6°-ì¤Í¿Ÿ IF«t¡=³ó—ª îî±pž8ä|vq[•£5Ôª | D“i0 žŠ¬àËyðýúãø4 )ÍxÆJÁa l@ çÏŸ ]o$¨‘‰æj äZË7a¨Ò *¦&B 7g ¢®˜6‡õ2”,ýÍ– ÆÓéI˜ ® 뱶9‚ó³÷°`«R >Üš—[ É—Áè]{ -5 ŠÊÆÛ×à ¿$ iN Ž©¡T÷b˜”e‘2m·kžÝ Ëx;Ž‰‰l The Navy released an update to the Selective Reenlistment Bonus (SRB) award plan for active component (AC) and full time support (FTS) Sailors Sept. Your employer withholds a flat 22% (or 37% if over $1 million). Additionally, commands may contact MNCC directly at 901-874-MNCC. Earnings received while in the combat zone are excluded from taxable income. Army just unveiled sweeping changes to its Selective Retention Bonus (SRB) program, offering payouts of up to $81,000 to soldiers willing to reenlist for longer Dec 2, 2019 · The Navy is looking to retain talented and skilled Sailors by offering reenlistment bonuses for critical billets; some as high as $100,000. See full list on mynavyhr. Dec 28, 2023 · Military bonuses are subject to taxation at the time of payment. 9, Soldiers willing to reenlist in some of the Army's most in-demand careers have the chance to receive up to $81,000 in lump-sum bonuses -- the highest amount in . Age requirements for Officer programs vary. Enlisted Incentive Programs: Enlistment and reenlistment bonuses are dependent on the length of contract and range from $7,500 to $15,000 based on the term Dec 13, 2018 · The Navy updated the Selective Reenlistment Bonus (SRB) award plan for Active Component and Full Time Support Sailors announcing a pay for performance pilot program in NAVADMIN 302/18, released Information on AC2SELRES, New Accession Training (NAT) and other Enlistment / Re-Enlistment bonuses are covered in the link(s) below. A member, who enters into a written agreement with specified service conditions for receipt of a bonus, special pay, educational benefits or stipend, is entitled to the full amount of the pay or benefit if the member fulfills the conditions for that pay or benefit. 3. Extensions. Today, Navy Recruiting Command released another Enlistment Bonus (EB) message for Fiscal Year 2022. Members who are married or have legitimate dependents are paid at a higher rate. 12Y, 14G, 14H, 14P, 19C, 31E, 68W 11X, 12C, 13B, 13F, 13M, 13R, 13U, 14E, 14G, 14P, 14T, 14U, 19C, 19K, 31E, 42R’S, 92R, 94A, 94Y (4YR LRP); 13J, 17E, 18X, 35M, 35P If you have served in the military before, find out how you can put your prior military service and experience to work with the option to serve in the Navy Reserve. FY-24 SELRES Enlisted Recruiting, Enlistment, Retention, Prior Service and NAT Affiliation ALNAVRESFOR Bonuses Messages; For Bonus information, please reach out to the ECM for your rating for more info. Previously, the cap was $25K/year of reenlistment. **. Once the Fiscal 2021 Budget gets final approval, the Navy plans to spend $379,461 million on re-up bonuses, slightly less than what was spent last year. (a) Reenlistment compensation for zones 1 through 3 nuclear- trained Sailors holding a nuclear supervisor NEC shall be provided under the Enlisted Supervisor Retention Pay (ESRP) Program in line with policies and procedures detailed in reference (c) along with current ESRP multiples. Calculating the bonus, you check the chart for the multiplier (Zone A since <6 years) and cap, and multiply with your monthly base pay * 6 years. The maximum bonus amount for each year of additional obligated service (AOS) is limited to $30K as stated in reference (e). To calculate this, you have to factor in your specific rate cap, your rate reenlistment multiple, and how many months you are reelisting for. PK !á' t¢ i> [Content_Types]. When reenlisting, the service person is allotted a bonus based on factors. If you spend a single PK !zåJ š • [Content_Types]. Lateral and Forced Conversions. Selective Reenlistment Bonus (SRB) program details. Rescinded SRB Messages. The effective date is tomorrow, January 21, 2022. Lots of people do this to satisfy the 4-year commitment to transfer your GI bill benefits to dependents. 31 of 12 March 2013 Dec 22, 2017 · The Navy updated the Selective Reenlistment Bonus (SRB) award plan for active component (AC) and full time support (FTS) Sailors in NAVADMIN 311/17 released Dec. Oct 1, 2021 · With an effective date of Monday, November 21, 2021, the following enlistment bonus (EB) opportunities have been adjusted or discontinued by the Commander, Navy Recruiting Command: The Enlistment Bonus for Source Rate (EBSR) ratings remained the same. C. ta td qn sd jm ot en ye ud bi