Old 06-25-2013 | 03:39 PM
  #7  
Mox Nix's Avatar
Mox Nix
Gets Weekends Off
 
Joined: May 2006
Posts: 108
Likes: 0
From: Falcon 900B
Default

Originally Posted by USMCFLYR
Is the fact that you can take $110,000 up front not new?

When I was eligible for the bonus (a long time ago) there was no up-front opportunity.
To my knowledge (going back to mid-90s), the AF has always offered the 50% lump sum option with the bonus. In this case, a 9-year contract is worth a total of $225,000, so the 50% option lets you take 112,500 just for signing.

The previous (standard) 5-year contracts were/are worth $125,000, so the 50% lump sum is/was $67,500.
Reply