Posted on Jul 7, 2018
ENS Ansi Officer
4.95K
7
4
4
4
0
3b2b7cf3
A young Sailor of mine just found out that his grandfather who recently passed away had put $100,000 in stocks/bonds such as Apple, Google, etc. more than 25 years ago. These are in the Sailor's name. The interest he is making is more than $200,000 annually. Oddly enough, he doesn't want to get out (or get kicked out) which is why he brought the concern to me in the first place. I directed him to the Command Master Chief. Has anyone heard of anything like this? Is there an income that you can make where you can voluntarily / involuntarily leave the service?
Edited >1 y ago
Avatar feed
Responses: 4
SGT Retired
2
2
0
Yes, at least in the Army, anyway. I’d guess the Navy has a similar regulation.

In the Army, it’s AR 635-200, c5-3. Secretarial plenary authority
“a. Separation under this paragraph is the prerogative of the Secretary of the Army. Secretarial plenary authority is exercised sparingly and seldom delegated. Ordinarily, it is used when no other provision of this regulation applies, and early separation is clearly in the best interest of the Army. Separations under this paragraph are effective only if approved in writing by the Secretary of the Army or the Secretary’s approved designee as announced in updated memorandums.”
Additionally:
“d. Separation under this paragraph may be voluntary or involuntary. When involuntary separation proceedings are initiated, the notification procedure (see chap 2, sec I) will be used; however, the provision for requesting an administrative board (see para 2–2d) is not applicable. Medical examinations are required for Soldiers being processed for involuntary separation. (See para 1–32a.)”

It continues, but that’s the gist. It’s the blanket chapter for the AR the covers chapters. A Commander is going to have a hard time ordering a millionaire to scrape seagull sh*t of the deck of the boat. Save everyone the headache, and if either the commander or sailor or both think it’s in the best to separate, they can request it and the Secretary can approve it.

Again, I’m sure the Navy has a similar regulation, but you’d have to dig it up. Best of luck
(2)
Comment
(0)
Avatar small
SGT Information Technology (It)
1
1
0
How many millionaires have served an we never even knew? Sons of Congressmen have served, etc. sometimes it is best to keep your personal business your own?
(1)
Comment
(0)
Avatar small
SGM Bill Frazer
0
0
0
NO,NO,NO not for money period. No if he inherited a business that was vital to the Govt, or elected to Congress, they might let him out. He could request separation, but the money isn't important to the Service.
(0)
Comment
(0)
Avatar small

Join nearly 2 million former and current members of the US military, just like you.

close