WebApr 14, 2024 · Continuation Pay Summarized. As a part of the BRS, continuation pay was created as a direct cash payout to eligible members who have completed at least … WebOct 25, 2024 · Continuation Pay (CP) is part of the military’s Blended Retirement System (BRS). It is a one-time direct cash payout to service members who have completed at least eight but not more than 12 years of service.
BLENDED RETIREMENT SYSTEM CALENDAR YEAR 2024 …
WebJun 17, 2024 · For drilling reservists, it is half of one month’s salary. This is the same amount as the calendar year 2024 payout. For example, an Active Duty or FTS E-5 or E-6 with 12 YOS is eligible for a... WebDec 2, 2024 · To announce the Blended Retirement System (BRS) Continuation Pay (CP) Program for Calendar Year (CY) 2024, and to provide supplemental guidance to enclosure 4 of reference (a). Only Marines ... jennifer raye youtube
Blended Retirement System - The Official Army Benefits Website
WebThe continuation pay rate, set for the entire opt-in period, aligns with multipliers established by the other Services. ALCOAST 278/17 announced the continuation pay rates. Implementation of the BRS is the largest change to military compensation since World War II. Please join me in preparing eligible members to make a lifetime financial decision. WebThe approval was fairly quick, however, the payout won’t occur until your 12 year pay entry base date. As of now for the Marine Corps, continuation pay for AD is 2.5x your monthly … WebA. BRS includes a Continuation Pay provision as a way to encourage Service members tocontinue serving in the Uniformed Services. Continuation Pay is a direct cash payout, … pacao twitter