New captain retention bonuses rolled out

[unhappycamper]

$35K bonuses, grad school offered
12,000 enrolled in program last year.


New captain retention bonuses rolled out
By Jim Tice - Staff writer
Posted : Wednesday Apr 2, 2008 5:47:24 EDT

The Army is offering a new menu of officer retention incentives, and it is targeted at captains commissioned in 1999-2005.

The application window opens April 7, and will close Nov. 30.

Similar to the retention program that generated 12,000 takers last year, the new program features cash bonuses of up to $35,000, and graduate school and language school opportunities.

The much-anticipated program specifically is aimed at basic-branch (Army Competitive Category) Regular Army captains with O-3 dates of rank of April 1, 2002 through Nov. 1, 2008.

Officers in this category must have entered active duty in one of the following branches: Air Defense, Adjutant General, Armor, Aviation, Chemical, Engineer, Field Artillery, Finance, Infantry, Military Intelligence, Military Police, Ordnance, Quartermaster, Signal and Transportation.


Rest of article at: http://www.armytimes.com/news/2008/04/army_officer_bonus_040108w/