MCBUL 7220. Change 3 to Multiples for the Fiscal Year 2004 (FY04) Selective Reenlistment Bonus (SRB) Program
This MARADMIN announces Change 3 to the FY04 Selective Reenlistment Bonus (SRB) Program, extending the program for First Term Aligned Personnel (FTAP) through 31 August 2004, while the Second Term Aligned Personnel (STAP) program ends on 30 June 2004. As of this message, 92% of the FY04 SRB budget ($47.1 million) has been executed, supporting 4,161 Marine reenlistments.
Issued: June 30, 2004
1. PURPOSE. TO INFORM MARINES, CAREER RETENTION SPECIALISTS, AND COMMANDERS OF THE STATUS OF THE FY04 SRB PROGRAM AND TO EXTEND FY04 (FTAP ONLY) SRB PROGRAM CUT-OFF DATE. 2. BACKGROUND. REF A ANNOUNCED THE FY04 SRB MULTIPLES AND GUIDELINES FOR ZONES A, B, AND C. REF B ANNOUNCED AN EXTENSION OF THE SRB PROGRAM THROUGH 30 APR 2004. REF C ANNOUNCED AN EXTENSION OF THE SRB PROGRAM THROUGH 30 JUN 2004. TO DATE, WE HAVE EXECUTED $47.1 MILLION (92 PERCENT) OF PLANNED FY04 SRB BUDGET. THESE FUNDS HAVE BEEN INSTRUMENTAL IN SUPPORTING THE REENLISTMENTS OF 4,161 MARINES. 3. ACTION A. COMMANDERS AND CAREER RETENTION SPECIALISTS WILL INFORM THEIR MARINES THAT THE SRB PROGRAM FOR FTAP HAS BEEN EXTENDED FROM 30 JUN 2004 TO 31 AUG 2004. THE SRB PROGRAM FOR STAP IS CUT OFF EFFECTIVE 30 JUN 2004 PER REF C. B. MARINES MUST SUBMIT A RELM TO CMC (MMEA-6) AT LEAST 7 BUSINESS DAYS PRIOR TO 31 AUG 2004 TO ENABLE CMC (MMEA-6) TO TURN AROUND THE REENLISTMENT REQUEST AND GRANT APPROVAL ON OR BEFORE 31 AUG 2004. C. IN ORDER TO QUALIFY FOR AN SRB PAYMENT, A QUALIFIED MARINE MUST EXECUTE REENLISTMENT ON OR BEFORE 31 AUG 2004 (THUS HAVING AN EFFECTIVE REENLISTMENT DATE OF 1 SEP 2004 OR EARLIER). ALL SRB MULTIPLES IN REF A REMAIN THE SAME. D. IF THIS EXTENSION GENERATES INCREASED SRB PAYMENTS THAT EXHAUST AVAILABLE SRB FUNDS, THIS HEADQUARTERS MAY TERMINATE THIS PROGRAM PRIOR TO 31 AUG 2004. IF EARLY TERMINATION IS REQUIRED, A NEW MARADMIN WILL BE PUBLISHED 30 DAYS PRIOR TO THE NEW TERMINATION DATE. 4. THIS BULLETIN IS NOT APPLICABLE TO THE MARINE CORPS RESERVE. 5. THIS BULLETIN CANCELS ON 1 SEP 2004.