CSB/REDUX RETIREMENT PLAN
Military Members who entered service after 31 July 1986 have to choose a Retirement Type when they reach 15 years of Active Federal Service. The choices are:
The Retirement choice is documented using a DD Form 2839.
The AGR Office will complete and forward the DD Form 2839 to eligible Soldiers between 14 1/2 and 15 Years of Active Federal Service. The DD Form 2839 MUST be completed within 6 months. If the Soldier fails to return the DD Form 2839 with their election to the AGR Office in a timely manner, they will automatically revert to the High-3 Year Average Retirement type.
The $30,000 Career Status Bonus
Those members who elect to receive the $30,000 Career Status Bonus must agree to complete a twenty-year active duty career with length-of-service retired pay under the 1986 Military Retirement Reform Act -- 1986 MRRA or REDUX. Contination beyond twenty years is possible, subject to Service personnel management actions. However, the member's commitment with the CSB is only to the 20-year point.
If the member doesn't complete the obligation of the twenty-year career, the member must repay a pro-rated share of the bonus.
Military Members that elect to receive the $30,000 Career Status Bonus will retire under The REDUX Retirement type.
Point of Contact:
SFC David Martinsen
330 Old Niskayuna Road
Latham, NY 12110-2224
(518) 786-4791 ~Office