Current SRB rates to expire Friday

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New rates will be sharply smaller


Current SRB rates to expire Friday
By Jim Tice - Staff writer
Posted : Monday Feb 16, 2009 15:50:53 EST

The Enhanced Selective Re-enlistment Bonus program, a recent victim of sharp budget cuts, will be hit with a new round of reductions Friday.

The Feb. 20 changes will update the Enhanced SRB rates that went into effect Jan. 1, and were sharply smaller than the bonuses available during the first three months of fiscal 2009.

That means soldiers who qualify for a bonus, and who are inclined to re-enlist, have until Feb. 19 to sign up for the more attractive rates that expire or are reduced Friday.

Most noticeable among the changes is the elimination of the “ETS” (expiration term of service) option that was targeted at soldiers whose current enlistments expire Sept. 30, the end of fiscal 2009.

This category features bonuses of $2,000 to $18,500 for soldiers in more than 60 critical skills who extend their service by 12 months to 60 months, or more.


Rest of article at: http://armytimes.com/news/2009/02/army_SRBcuts_021609w/%2e