I don't recall reservists getting the 15-year deal last time around (early 90's). It's easier to cut reserve costs, just eliminate the billets...they don't have to actually terminate you, you can stay in the IRR and drill for points if you want the retirement that badly.

The 15-year deal is so the DoD doesn't get slapped with a lot of media and congressional pressure for firing a bunch mid-grade O-4's with war-hero credentials.