Posted on Sep 14, 2018
Can someone clarify the BRS Continuation Pay for me?
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So from what I've read about continuation pay, and according to the CY18 policy memo, obviously you have to sign an agreement to serve 3 more years, but you also have to do that contract and submit paperwork to receive CP no earlier than 180 days from your 12 year mark. To me that sounds like anyone not lucky enough (or who didn't plan ahead well enough) to be able to reenlist near their 12 year mark will either be too short in time or exceed the mark and not receive CP.
For example, I am a few months short of 10 years (January 2009). I'm planning to reenlist in October. According to the policy, I can't submit paperwork for CP right now. I was planning on reenlisting for the maximum years, but it looks like I would have to reenlist for 3 years (new ETS of October 2021) then NLT December 2020 (30 days out from 12 AFS) do the contract and paperwork for CP.
Am i understanding that right, or is there a policy somewhere that anyone between 8 and 12 years (per the BRS website) that reenlists for 3+ years and surpasses 12 years AFS will get the bonus? I know this might seem trivial to some of you, but the way I see it, if I'm going to do the time anyways, I should be able to squeeze every dime I can out of Uncle Sam (and right now my CP is looking like almost 9K, no trivial amount) lol.
For example, I am a few months short of 10 years (January 2009). I'm planning to reenlist in October. According to the policy, I can't submit paperwork for CP right now. I was planning on reenlisting for the maximum years, but it looks like I would have to reenlist for 3 years (new ETS of October 2021) then NLT December 2020 (30 days out from 12 AFS) do the contract and paperwork for CP.
Am i understanding that right, or is there a policy somewhere that anyone between 8 and 12 years (per the BRS website) that reenlists for 3+ years and surpasses 12 years AFS will get the bonus? I know this might seem trivial to some of you, but the way I see it, if I'm going to do the time anyways, I should be able to squeeze every dime I can out of Uncle Sam (and right now my CP is looking like almost 9K, no trivial amount) lol.
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Posted >1 y ago
Responses: 2
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There is a lot of confusion with the BRS because most of the information that has been put out, has been put out by the dod or DFAS. They mandate what the services are able to do, as in give the left and right limits. So, even though the website will tell you continuation pay can be given between 8 and 12 years, it is up to each service how they will implement it.
The army has an alaract message that details how continuation pay will be implemented. For starters, it is for years that you owe for continuation pay, not 3
As long as your ETS date takes you 2 or 16 year mark when you submit for continuation pay, then you are okay. You do not need to reenlist or extend at the same time as you submit the continuation pay. So, if you reenlist for the 6 years that you are eligible to in October, when you submit your continuation pay you will be required to extend a few more months out to your 16-year mark when you request continuation pay.
Continuation pay and reimbursements do not have anything to do with each other. If you are lucky and plan well you can line them up to be advantageous.
The army has an alaract message that details how continuation pay will be implemented. For starters, it is for years that you owe for continuation pay, not 3
As long as your ETS date takes you 2 or 16 year mark when you submit for continuation pay, then you are okay. You do not need to reenlist or extend at the same time as you submit the continuation pay. So, if you reenlist for the 6 years that you are eligible to in October, when you submit your continuation pay you will be required to extend a few more months out to your 16-year mark when you request continuation pay.
Continuation pay and reimbursements do not have anything to do with each other. If you are lucky and plan well you can line them up to be advantageous.
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Did you make a switch to the BRS? If so, why (if you don't mind me asking)?
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SSG (Join to see)
I made the switch because there's no guarantee I'll make it to 20 years, so i want to have something to take with me if i go. I figure that guarantee is worth more than whatever loss i may take on the 50% retirement versus 40% and TSP.
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