Jan
26
Family Employment Readiness Program (FERP)
January 26, 2010 | 1 Comment
This program helps spouses transferring to new duty stations specifically but could help even if you are not transferring soon. Their services range from getting a job to keeping a job. Most jobs offered are at the local Fleet & Family Support Centers, though they do résumé reviews and job coaching. Services are available [...]
Jan
25
Relocation Assistance Program (RAP)
January 25, 2010 | Leave a Comment
The Relocation Assistance Program (RAP) helps families relocating, already relocated, or preparing to relocate to acclimate to their new duty station. This is very helpful information and they have standard packets that they send out sort of like ‘welcome wagon’ kits. This program is run through the Navy’s Fleet & Family Support Program.
Jan
10
Selective Reenlistment Bonus (SRB)
January 10, 2010 | Leave a Comment
Selective Reenlistment Bonus (SRB) is a bonus for reenlisting. The amounts change annually and are published in a list the military puts out, usually the rates (jobs) that are the hardest to keep filled or is going to become ‘light’ because of enlistment fulfillment or retirements.
The amounts vary depending on the need of the military [...]
Jan
10
What is the Savings Deposit Program – SDP?
January 10, 2010 | Leave a Comment
Savings Deposit Program (SDP)
The Savings Deposit Program is available only to those serving in designated combat zones.
Military members deployed in combat zones, qualified hazardous duty areas, or certain contingency operations may be eligible to deposit all or part of their un-allotted pay into a DOD savings account up to $10,000 during a single deployment. Interest [...]
Jan
10
What is the Thrift Savings Plan – TSP?
January 10, 2010 | 1 Comment
The Thrift Savings Plan (TSP) is a Federal Government-sponsored retirement savings and investment plan. Congress established the TSP in the Federal Employees’ Retirement System Act of 1986. The purpose of the TSP is to provide retirement income.
On October 30, 2000, the Floyd D. Spence National Defense Authorization Act for Fiscal Year 2001 (Public Law 106-398) [...]
Jan
4
Family Separation Allowance (FSA)
January 4, 2010 | Leave a Comment
Family Separation Allowance (FSA) is paid when a service member is separated for more than 30 consecutive days due to military orders from their dependants. The separation must be involuntary, or in other words the dependent is not allowed to accompany the member at government expense.
FSA-R – This type of FSA is payable when a [...]
Jan
4
Cost of Living Allowance COLA
January 4, 2010 | Leave a Comment
COLA eligibility calculator http://www.military.com/benefits/military-pay/cost-of-living-allowance
COLA is given to service members living in high-cost areas in the continental United States (CONUS). At present, there are fewer then 50 locations that qualify.
You could be eligible if you resides in a high-cost area and your service member is stationed overseas, or if you must live in a high-cost location [...]
Jan
4
Extra Clothing Allowance ECA
January 4, 2010 | Leave a Comment
Extra Clothing Allowance are in addition to the initial and replacement allowances. ECA does not reduce, replace or otherwise affect the other clothing allowances. Extra Clothing Allowances cover unusual circumstances when an enlisted member may require additional uniform items or when a service member may require civilian clothing to perform his/her assigned duties.
Jan
4
Hostile Fire Pay (HFP)
January 4, 2010 | Leave a Comment
Hostile Fire Pay (HFP) /Imminent Danger Pay (IDP) are paid to military personnel serving in an area designated by the President as deserving. HFP/IDP is paid at a rate of $225.00 per month without prorating and regardless of pay grade. This includes most areas affected by Operations Enduring Freedom (OEF) and Operation Iraqi Freedom (OIF). HFP/IDP entitlement begins [...]
Jan
4
Imminent Danger Pay (IDP)
January 4, 2010 | Leave a Comment
Hostile Fire Pay (HFP) /Imminent Danger Pay (IDP) are paid to military personnel serving in an area designated by the President as deserving. HFP/IDP is paid at a rate of $225.00 per month without prorating and regardless of pay grade. This includes most areas affected by Operations Enduring Freedom (OEF) and Operation Iraqi Freedom (OIF). HFP/IDP entitlement begins [...]
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