💡 How Long Does It Take To Get A SRB Payment? - Clever.net

How Long Does It Take To Get A SRB Payment?

30 days - The initial payment of your Selective Re-enlistment Bonus (SRB) should take no longer than 30 days from the date of re-enlistment. If, after 30 days, you have not received your payment, you should contact your servicing finance officer, career planner, or admin or personnel office.

How do SRB work?

The Solid Rocket Boosters (SRBs) operate in parallel with the main engines for the first two minutes of flight to provide the additional thrust needed for the Orbiter to escape the gravitational pull of the Earth.

Solid Rocket Boosters - NASA

How is SRB bonus calculated?

Navy SRB Guidance, December 2019 The Navy's Selective Reenlistment Bonus 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.

Navy SRB

How is SRB paid?

The bonus is usually paid in a lump sum of 50% paid at the time of reenlistment. The remaining bonus amount is paid in equal annual installments. It is taxable, however if you reeenlist in a tax-free combat zone or are a foreign national who reenlists OCONUS it is not taxable, and the installments are also tax-free.

The Selective Reenlistment Bonus (SRB) - Military.com

Is SRB in a lump sum?

The SRB may be paid in a single lump sum or in annual installments.

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