2, 1994, 108 Stat.
The Air Force announced Monday that it would provide a one-time payout at the 12-year mark.5 times a service members monthly basic pay as part of the Blended Retirement System.
(b) (1) The, secretary shall pay to any nurse entering into an agreement under this section bonus pay in an amount specified in the agreement.BRS ; active-duty members with less than 12 years of service, along with reserve-component members with less than 4,320 retirement points, can opt into the new setup.The Defense Department will contribute to each service members Thrift Savings Plan account, which is similar to a private-sector 401(k) plan; DoD will put in 1 percent of a service members basic pay and will contribute up to 5 percent in matching funds based.10240 renumbered section 4120 of this title as this section.Get the military's most comprehensive news and information every morning.10, 2008, 122 Stat.(g 1 (2 (h).The law establishing the BRS allowed the services discretion over the timing and amount of continuation pay.
(c) (1 except as provided in paragraph (2) of this subsection, a bonus under this section shall be paid in equal installments after each year of service is completed throughout the period of obligated service specified in the agreement.
In addition, during such period, in the event of (x) any reduction in or failure to timely pay Employees base salary, or (y) the assignment free bonus no deposit uk to Employee of duties that are not of a senior executive level or are not consistent with Employees training.9, 1992, 106 Stat.If, during the three-year period after the Effective Time, Employees employment is terminated by Employee (other than under the circumstances described in (x)-(z) below by the Company or the Employer for Cause, or due to Employees death or disability (other than in the case.103446, title XII, 1201(h 4 Nov.(f) The Secretary may enter into agreements under this section with individuals in a health profession other than nursing (and other than a health profession for which special pay may be provided under subchapter mf 350 bonus III) if the Secretary determines that there are significant problems with.(2 a registered nurse entering into an agreement under this section shall agree to remain employed by the.