MCBUL 7220. Change 2 to Multiples for the Fiscal Year 2003 (FY03) Selective Reenlistment Bonus (SRB) Program

1. PURPOSE. TO INFORM MARINES, CAREER RETENTION SPECIALISTS,
AND COMMANDERS OF THE STATUS OF THE FY03 SRB PROGRAM AND TO
EXTEND FY03 SRB PROGRAM CUT-OFF DATE.
2. BACKGROUND. REF A ANNOUNCED THE FY03 SRB MULTIPLES AND 
GUIDELINES FOR ZONES A, B, AND C. REF B AUTHORIZED A LATERAL
MOVE BONUS FOR SAME TYPE CH-46 TO MV-22 MOS(S). TO DATE, WE
HAVE EXECUTED $28M (54 PERCENT) OF PLANNED SRB BUDGET. THESE
FUNDS HAVE BEEN INSTRUMENTAL IN SUPPORTING THE REENLISTMENTS
OF 3,146 MARINES. 
3. ACTION
A. COMMANDERS AND CAREER RETENTION SPECIALISTS WILL INFORM
THEIR MARINES THAT THE SRB PROGRAM HAS BEEN EXTENDED FROM
31 JAN 03 TO 16 JUL 03.
B. MARINES MUST SUBMIT A RELM TO MMEA-6 BY COB ON 7 JUL 03
TO ENABLE MMEA-6 TO TURN AROUND THE REENLISTMENT REQUEST
AND GRANT APPROVAL ON OR BEFORE 15 JUL 03.
C. IN ORDER TO QUALIFY FOR AN SRB PAYMENT, A QUALIFIED
MARINE MUST EXECUTE REENLISTMENT ON OR BEFORE 15 JUL 03
(THUS HAVING AN EFFECTIVE REENLISTMENT DATE OF 16 JUL 03 OR
BEFORE). ALL SRB MULTIPLES IN REFS A AND B REMAIN THE SAME.
D. MARINES SHOULD NOT PLAN ON FURTHER PROGRAM EXTENSIONS.
E. IF THIS EXTENSION GENERATES INCREASED SRB PAYMENTS THAT
EXHAUST AVAILABLE SRB FUNDS, THIS HEADQUARTERS MAY
TERMINATE THIS PROGRAM PRIOR TO 16 JUL 03. IF THIS ACTION
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 31 JUL 03.