How Many Times Can You Get A Reenlistment Bonus?
How much can you receive as a bonus? Reenlistment bonuses cannot exceed the lesser of: The amount equal to the product of 15 times the monthly rate of basic pay to which the member was entitled at the time of the discharge or release of the member; and.
How does Army reenlistment bonus work?
The Selective Reenlistment Bonus (SRB), sometimes called the Selective Retention Bonus, is a cash incentive paid to enlisted members to encourage reenlistments and retention in critical military skills. ... The bonus is usually paid in a lump sum or 50% The remaining bonus amount is paid in equal annual installments.
The Selective Reenlistment Bonus (SRB) | Military.com
How many bonuses can you get in the Army?
Active Army Enlistment Bonus : Qualified active duty recruits may be eligible for a combination of bonuses totaling up to $40,000. The maximum bonus for a three, four, five, or six-year contract is based on periodic updates and is subject to change. Recruiters will have the most up to date bonus information.
Bonuses | The Official Army Benefits Website
How many years can you reenlist for?
Reenlist or voluntarily extend enlistment in the regular component of the Service concerned for a period of at least 3 years, provided the reenlistment or extension, when coupled with existing active service, provides a total period of active duty of at least 14 years.
ENLISTMENT AND REENLISTMENT BONUS - Under ...
Is there a bonus for indefinite reenlistment?
He also stressed that soldiers reenlisting indefinitely can still receive one final retention bonus. “Any Soldier who is serving in a Critical Skill that is authorized a Selective Retention Bonus remains eligible, regardless of when they reenlist,” Whitney confirmed to Army Times.
Reenlisting? Soldiers' options to re-up will tighten in October