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Old 05-16-2007, 06:09 PM
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Default bonus rumors...

Heard the bonus will go to 40k in 2009...anyone else heard that?
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Old 05-16-2007, 06:11 PM
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Old 05-16-2007, 07:43 PM
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Take it and stay if that's the case. That coming from a very happy guy who bailed at 14 years.

Don't spend it. Invest it and you won't really sweat that airline transition very much when it is time to retire...

I'm surprised the bonus is still kicking. Guess retention is still an issue...
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Old 05-17-2007, 11:38 AM
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They are paying young guys to get out, paying old guys to stay in...I don't think they really know what they are doing. As for staying in or getting out, I am very happy to have left after 9.5 yrs, but still do the reserves (non flying).
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Old 05-17-2007, 12:31 PM
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Originally Posted by angry tanker View Post
They are paying young guys to get out, paying old guys to stay in...I don't think they really know what they are doing. As for staying in or getting out, I am very happy to have left after 9.5 yrs, but still do the reserves (non flying).
Paying to stay and paying to leave!?! It's too bad the Air Force doesn't have any money these days. I can't imagine what they'd be doing if they did...

-"Here's the deal; you have to choose between $100K cash to stay or get out and we'll throw in a brand new, 3 year old plasma tv...never used."
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Old 05-17-2007, 04:35 PM
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Originally Posted by flyfish View Post
Paying to stay and paying to leave!?! It's too bad the Air Force doesn't have any money these days. I can't imagine what they'd be doing if they did...

-"Here's the deal; you have to choose between $100K cash to stay or get out and we'll throw in a brand new, 3 year old plasma tv...never used."
Totally different money colors/pots. Pay to get out is for overmanned yeargroups to avoid excess retirement payouts down the road. Pay to stay in is just the opposite, in theory- In reality- What a Joke!
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Old 05-17-2007, 08:37 PM
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AMC A1 just sent out an email saying it would "severely compromise the USAF's warfighting capability" if the bonus was eliminated.

Haven't heard a confirmation on the increase to $40K, but I did hear the rumor.
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Old 05-17-2007, 08:45 PM
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Default $$ to payback

Gents what's the payback for the bonus? 6,8, 10 years??

cheers
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Old 05-18-2007, 12:23 PM
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I heard the rumor within the last year from a bullet paper written by a Lt Col on Air Staff.
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Old 05-18-2007, 12:25 PM
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The Bonus is currently $25K/year (pre-tax) for 5 years for pilots. In previous years you could take it in lump sum all up front, but not this year.

I'm eligible for the FY08 bonus--details on that won't be announced until ~December which happens to be the end of my commitment. Decisions, decisions.....
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