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How long does it take to receive continuation pay in the army?
Paid 5-7 days after certification and submission to the servicing finance office from the unit S-1; the remainder in three equal annual installments. When Do I Need to Make My CP Election? See Army Calendar Year Guidance at: . FinancialFrontline.org/ soldier/continuation-pay/.
How does the army continuation pay work?
Members receive Continuation Pay in return for additional obligated service. Active component service members (including Active Guard Reserve (AGR) and Full Time Support (FTS)) enrolled in the BRS will be eligible for a cash incentive of 2.5 to 13 times their regular monthly basic pay.
What two things must a member complete to receive continuation pay?
You must be enrolled in the BRS, agree to perform additional obligated service, and elect to receive CP before you start your 12th year of service (ing to your Pay Entry Base Date).
Do I need to reenlist for continuation pay?
No, continuation pay is a one-time payout to a service member, regardless of whether they change service, component, or career specialty. Q7. Can the service obligation for continuation pay and other bonuses, such as a reenlistment bonus, be served concurrently? A7.
How to request continuation pay?
All Soldiers may submit their Continuation Pay request through the BRS-CP Request Form once they become eligible. Contact your unit S1 and your State Incentive Manager to initiate the process.
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Below is a preview of the questions on the Continuation Request Form, organized by section of the form. Many of the conditional questions can be seen here.
In lieu of Standard Form 135-A, Records Transmittal and Receipt (Continuation), the. FRC will accept folder lists in a variety of formats, such as Word
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