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Selective Reenlistment Bonus
Posted : Thursday Nov 30, 2006 15:13:26 EST
To keep some experienced, highly skilled people in uniform, the military can offer re-enlistment bonuses.
The selective re-enlistment bonus is calculated based on length of re-enlistment, time in service and need of skills. The bonus may be paid in an up-front lump sum or it may be paid in installments.
Maximum bonuses are $40,000 in the Army, $60,000 in the Air Force, $45,000 in the Marine Corps and $75,000 in the Navy. The Navy offers people in eight nuclear-qualified supervisor specialties up to $100,000 in “enlisted supervisor retention pay,” essentially a re-enlistment bonus by another name.
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