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Reserve offers up to $75K for some officers to stay

Jan. 16, 2014 - 03:33PM   |  
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Eligible reservists in the following health care-related specialties can earn cash for staying Navy:
$75,000 ($25,000/year)

210515AX, 15HX, 16PXO-5, O-4, O-3
210515BX, 15CX, 15DX, 16RX, 1725, 1750O-5, O-4
$30,000 ($10,000/year)

210515BX, 15CX, 15DX, 16RXO-3
210516QX, 1972O-4
210516X0, 16X1O-5, O-4, O-3
23051805, 1973, 1974, 1981O-4, O-3
29051950O-4, O-3, O-2

Officers in the Navy Reserve holding the right medical skills could qualify for up to $75,000 if they agree to stay in for at least three more years.

The Navy released new retention-bonus figures Tuesday in a fleetwide message, NAVADMIN 009/14. The two-tiered system offers $75,000 bonuses ($25,000 annual payments during a three-year re-up) to some officers and $30,000 ($10,000 annual payments over three years) to others.

Only members of the Selected Reserve can qualify; those in the Individual Ready Reserve aren’t eligible.

Among other eligibility rules, officers must not have received a previous retention bonus, or be receiving other incentive pay as part of their current contract. A full list of requirements is available in the NAVADMIN.

The levels will remain in place until the end of this year unless new guidance is issued, according to the message.

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