MCBUL 7220 Change 1 to A B C Zone Multiples for the FY06 Selective Reenlistment Bonus (SRB) Program
This MARADMIN extends the FY06 Selective Reenlistment Bonus (SRB) program from 31 December 2005 to 31 March 2006 for all zones (A, B, and C). As of the message date, $40.3 million has been executed supporting 2,600 Marine reenlistments, and all previously established SRB multiples and guidelines remain in effect.
Issued: December 13, 2005
1. PURPOSE. TO INFORM MARINES, CAREER RETENTION SPECIALISTS, AND COMMANDERS OF THE STATUS OF THE FY06 SRB PROGRAM AND TO EXTEND FY06 SRB MULTIPLES FOR ALL ZONES TO 31 MARCH 06. 2. BACKGROUND. TO DATE, WE HAVE EXECUTED $40.3 MILLION OF PLANNED FY06 SRB BUDGET. THESE FUNDS HAVE BEEN INSTRUMENTAL IN SUPPORTING THE REENLISTMENTS OF 2,600 MARINES. 3. ACTION. COMMANDERS AND CAREER RETENTION SPECIALISTS WILL INFORM THEIR MARINES THAT THE SRB PROGRAM HAS BEEN EXTENDED FROM 31 DEC 2005 TO 31 MAR 2006. ALL OF THE OTHER GUIDELINES AND MULTIPLES IN REF A REMAIN IN EFFECT. A. MARINES MUST SUBMIT A RELM TO CMC (MMEA-6) AT LEAST 7 BUSINESS DAYS PRIOR TO 31 MAR 2006 TO ENABLE CMC (MMEA-6) TO TURN AROUND THE REENLISTMENT REQUEST AND GRANT APPROVAL ON OR BEFORE 31 MAR 2006. B. IN ORDER TO QUALIFY FOR AN SRB PAYMENT, A QUALIFIED MARINE MUST EXECUTE REENLISTMENT ON OR BEFORE 31 MAR 2006 (THUS HAVING AN EFFECTIVE REENLISTMENT DATE OF 1 APR 2006 OR EARLIER). ALL SRB MULTIPLES IN REF A REMAIN THE SAME. C. IF THIS EXTENSION GENERATES INCREASED SRB PAYMENTS THAT EXHAUST AVAILABLE SRB FUNDS, THIS HEADQUARTERS MAY TERMINATE THIS PROGRAM PRIOR TO 31 MAR 2006. 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 APR 2006.