WebOct 1, 2024 · Once a servicemember has met the eligibility requirements for BRS Continuation Pay, having been enrolled in BRS and between eight and 12 years of service, they may complete the Request for Continuation Pay (CP Contract). ... Your continuation pay is similar to all specialty compensation, pay, and bonuses, which can be invested in … WebContinuation 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 mid-career mark, …
Blended Retirement - United States Army Reserve
WebIf you left the military (prior to January 1, 2024) and rejoin after the opt-in decision year (calendar year 2024), upon re-entry you will have 30 days to decide whether to stay in the legacy retirement system or elect the new BRS, so long as you are either in the active component and meet the less than 12-year service criterion. WebContinuation pay is a direct cash payout, like a bonus, available to service members covered under the BRS. It is targeted . at the midcareer 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). old navy wide leg yoga capris
Continuation Pay Rates – 2024 - U.S. Department of …
WebIf you left the military (prior to January 1, 2024) and rejoin after the opt-in decision year (calendar year 2024), upon re-entry you will have 30 days to decide whether to stay in … 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 … WebJan 13, 2024 · For those who elected into the Blended Retirement System (BRS), there is the opportunity to receive a one-time Continuation Pay bonus in exchange for 4 additional years of obligated service. Continuation pay can in theory be taken anytime between 8 and 12 years of active service as calculated by the Pay Entry Base Date (PEBD, which can … old navy white short sleeve loose shirt