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Thread: All Branch Topic (ABT) new special pay plan for general dentists
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Old 05-12-2011, 11:59 PM   #44
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Join Date: Jun 2008
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Quote:
Originally Posted by Tooth View Post
Exactly, this is a bureaucratic plan designed to make military budget cuts. It is a carrot on a stick to swindle you out of your current pay schedule for a measly $7K for just three years.

It reminds me of the REDUX bonus where they try to SUCKER us into loosing our COLA in retirement for a $30,000 one time bonus.

I really hope we have the option to keep the current pay schedule. I thought, at first, that we wouldn't get a choice.


Additionally, many people are thinking they'll get out in a few years anyway, so why not take the money? Well, let me remind everyone that the IP is not payable until 3 months after you graduate dental school. Since each IP bonus requires a new concurrent year of AD upon signing, new docs will be forced to extend their ADO by three months if they want to get an IP bonus their last year. If they want to get out on time, they'll have to pay back the $20K. That takes away nearly all gains. Think of how many people will want to specialize the summer they get out. Many will be forced to give up the IP in order to start their programs on time.

Then, a good portion of people who thought they "knew" they were getting out will change their minds. They will like the military or have a family member get sick and will be obligated to stay in for the healthcare. These people will be stuck with this new pay system for 20 to 30 years. They will have no incentive to specialize because they will never see a pay increase. They would actually loose their RB for the time they have to pay back for specializing and then return to the general dentist RB system they signed up for when they had zero years service.

Booooo!
can you just not accept the 20k your last year of payback? 3 more months of working is probably worth 20K however.
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