MCBUL 7220. Change 4 to Multiples for the Fiscal Year 2004 (FY04) Selective Reenlistment Bonus (SRB) Program
This MARADMIN announces Change 4 to the FY04 Selective Reenlistment Bonus (SRB) program, extending the FTAP (First Term Alignment Plan) SRB program deadline from 31 August 2004 to 30 September 2004. The STAP (Second Term Alignment Plan) SRB program ended on 30 June 2004. As of this message, $49.6 million (97% of the planned budget) has been executed, supporting reenlistments of 4,344 Marines.
Issued: August 20, 2004
1. PURPOSE. TO INFORM MARINES, CAREER RETENTION SPECIALISTS, AND COMMANDERS OF THE STATUS OF THE FY04 SRB PROGRAM AND TO EXTEND FY04 (FTAP ONLY) SRB PROGRAM CUT-OFF DATE. 2. BACKGROUND. REF A ANNOUNCED THE FY04 SRB MULTIPLES AND GUIDELINES FOR ZONES A, B, AND C. REF B ANNOUNCED AN EXTENSION OF THE SRB PROGRAM THROUGH 30 APR 2004. REF C ANNOUNCED AN EXTENSION OF THE SRB PROGRAM THROUGH 30 JUN 2004. REF D ANNOUNCED AN EXTENSION THROUGH 31 AUG 2004. TO DATE, WE HAVE EXECUTED $49.6 MILLION (97 PERCENT) OF PLANNED FY04 SRB BUDGET. THESE FUNDS HAVE BEEN INSTRUMENTAL IN SUPPORTING THE REENLISTMENTS OF 4,344 MARINES. 3. ACTION A. COMMANDERS AND CAREER RETENTION SPECIALISTS WILL INFORM THEIR MARINES THAT THE SRB PROGRAM FOR FTAP HAS BEEN EXTENDED FROM 31 AUG 2004 TO 30 SEP 04. THE SRB PROGRAM FOR STAP ENDED ON 30 JUN 2004 PER REF C. B. MARINES MUST SUBMIT A RELM TO CMC (MMEA-6) AT LEAST 5 BUSINESS DAYS PRIOR TO 30 SEP 2004 TO ENABLE CMC (MMEA-6) TO TURN AROUND THE REENLISTMENT REQUEST AND GRANT APPROVAL ON OR BEFORE 30 SEP 2004. C. IN ORDER TO QUALIFY FOR AN SRB PAYMENT, A QUALIFIED MARINE MUST EXECUTE REENLISTMENT ON OR BEFORE 30 SEP 2004. ALL ZONE A SRB MULTIPLES IN REF A REMAIN THE SAME. 4. THIS BULLETIN IS NOT APPLICABLE TO THE MARINE CORPS RESERVE. 5. THIS BULLETIN CANCELS ON 1 OCT 2004.