Multiyear Special Pay

[delicatefade]

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Just signed over my MGIB so now I'm obligated through 2019. My HPSP obligation is over in summer 2016. I figured I might as well sign an MSP bonus, but I cannot figure out if the amounts (http://www.militarytimes.com/story/text-ads/2015/08/03/medical-dental-special-pay/31062789/) refer to a total amount, or a yearly amount.

For example, if a 2 year MSP bonus is $13,000, do you get 13K total for that two years, or do you get 13K per year for 2 years?

 

[Gastrapathy]

Yearly amount

 

[Gastrapathy]

Just as an aside. The GI Bill transfer isn't a binding obligation, you just don't get it if you quit early.

 

[pgg]

Just signed over my MGIB so now I'm obligated through 2019. My HPSP obligation is over in summer 2016. I figured I might as well sign an MSP bonus, but I cannot figure out if the amounts (http://www.militarytimes.com/story/text-ads/2015/08/03/medical-dental-special-pay/31062789/) refer to a total amount, or a yearly amount.

For example, if a 2 year MSP bonus is $13,000, do you get 13K total for that two years, or do you get 13K per year for 2 years?

As previously posted, it's per year. You should read this:

FY15 MC-DC Special Pay Implementation Guidance



Though I've got to say, I'm confused.

1) The Post 9/11 GI Bill can be transferred, not the MGIB.

2) It's a 4 year commitment to transfer, and it's 2016. Wouldn't that take your obligation to 2020, not 2019?

3) You ... signed a contract promising to work for the government an extra 3 1/2 years, without knowing the terms?

 

[DD214_DOC]

 

[delicatefade]

I signed in 2015. Obligation is until 2019. I realize it's not a real obligation and that if I walk away after summer 2016 my kids don't get the GI bill. I did mean the post 9-11 bill. You all need to chill. I just wanted to know if MSP was a yearly amount or not. And yes, I do realize MSP is a real obligation.

 

[delicatefade]

Clarification. Thanks for the info gastrapathy. The rest of you need to chill. I'm not a med student asking about HPSP.

 

[NavyFP]

Just as an aside. The GI Bill transfer isn't a binding obligation, you just don't get it if you quit early.

It is if you use the thing before the obligation is over. 😉

 

[TheEarDoc]

Thanks and now I need to change my lab coat....