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  • Bonuses offered to new LT's....

    Hefty bonuses offered to attract new lieutenants
    By Bryan Mitchell
    [email protected] ytimes.com
    College grads who join the active-duty Corps or the Reserve after Oct. 1 will be eligible for big­ger, broader recruiting bonuses, officials announced in September.
    Active-duty second lieutenants entering the service during fiscal 2009 can receive a $4,000 pay­ ment, while new lieutenants who join the Selected Marine Corps Reserve can now participate in a college-loan payback program worth up to $30,000.
    Both offers are part of the Corps’ continued effort to grow the force to 202,000 active-duty Marines by the end of fiscal 2011, a figure offi­cials are on pace to reach at least two years and possibly three years ahead of schedule. Marine Corps Recruiting Command has in­creased its budget for signing bonuses from $10 million to $82 million since 2004.
    The Corps’ new plan offers more options than the Army is currently providing. Recent college grads joining the Army are eligible only for a loan repayment plan.
    Many Army captains have the option of attending graduate school on Uncle Sam’s dime — in­stead of taking a retention bonus that runs up to $35,000 — but loan-repayment options are not as popular, as most lieutenants are commissioned through funded un­dergraduate programs. Moreover, West Point cadets and Reserve Of­ficer Training Corps students can sign up for a program that lets them attend grad school for free after they complete developmen­tal assignments.
    To receive the $4,000 sign-on bonus, Marines must complete Of­ficer Candidate School between Oct. 1, 2008, and Sept. 30, 2009, according to Marine administra­tive message 518/08. New officers who take the bonus must tack on an additional six months to their initial service obligation.
    For Reserve officers with college loans, the Corps will repay 15 per­cent or $500 — whichever is greater — for each year of com­pleted service, according to MarAdmin 517/08. That equates to a maximum annual payment of $4,500.
    The active-duty loan repayment plan differs from the Reserve offer. It pays the service member a maximum of $30,000 in three an­nual installments, but it has no annual cap.
    That means a lieutenant who owes $90,000 could be repaid $30,000 in the first year of service, while another who owes $30,000 would receive $10,000 per year for three years. Ë
    A Marine second lieutenant communicates with his troops during a patrol in Ramadi. The Corps is offering bigger bonuses to lure new officers.
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    ...And shephards we shall be. For thee my lord, for thee. Power hath descended forth from thy hand. That our feet may swiftly carry out thy command. So we shall flow a river forth to thee. And teeming with souls shall it ever be. E Nomini Patri, E Fili, E Spiritu Sancti.

  • #2
    Deleted
    Last edited by Kaina1128; 11-14-2018, 08:22 PM. Reason: Deleted

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    • #3
      wasn't there too many officers in the AF at one time recently???
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      R.I.P. my Bros from the 1st MAR DIV, 3rd MAR DIV, 25th I.D., 10th MTN DIV, V Corps, 170th IBCT who gave their lives in the Cold War, Marines we lost in Korea during Team Spirit '89 & Okinawa '89- bodies never recovered, Panama, 1st Gulf War, Somalia, Afghanistan, Iraq...





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      • #4
        Deleted
        Last edited by Kaina1128; 11-14-2018, 08:22 PM. Reason: Deleted

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        • #5
          And I think the Navy had to get rid of some of their peeps as well...Blue to Green they called it. I remember vaguely reading about when I was in Iraq in the Stars & Stripes paper.
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          R.I.P. my Bros from the 1st MAR DIV, 3rd MAR DIV, 25th I.D., 10th MTN DIV, V Corps, 170th IBCT who gave their lives in the Cold War, Marines we lost in Korea during Team Spirit '89 & Okinawa '89- bodies never recovered, Panama, 1st Gulf War, Somalia, Afghanistan, Iraq...





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