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CSB/REDUX

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:

  1. High-3 Year Average
  2. Career Status Bonus (CSB)/REDUX

 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.

CSB/REDUX Brief

Point of Contact:

SFC David Martinsen 

330 Old Niskayuna Road

Latham, NY 12110-2224

(518) 786-4791 ~Office

518-786-4497 ~Fax

david.p.martinsen.mil@mail.mil

 

 

 

 

© NYS DMNA: NYARNG Human Resources - CSB/REDUX
URL: http://dmna.ny.gov/hro/agr/army/?p=1401827174
Page Last Modified: 27 Dec 16