Aviation Continuation Pay (ACP - The Bonus)

[sling-it-17]

On 4/26/2018 at 5:24 PM, Homestar said:

That’s because we have people getting up in front of the Chief and SECAF and saying it’s not about the money. 

It is about the money. It’s also about other stuff. But it is 100% about the money. And that’s ok. 

Totally agree! The money is the ONLY thing you can count on, everything else is built on hope. I hope the AF gets turned around but unfortunately there is risk it will not get get better. 

[sling-it-17]

https://www.defense.gov/Videos/videoid/601069/

 

CSAF says no budget change for this budget year (2019). Watch minutes 15-20. They want to wait and see what the 5k bump does....smh! 

[Orbit]

6 minutes ago, sling-it-17 said:

https://www.defense.gov/Videos/videoid/601069/

 

CSAF says no budget change for this budget year (2019). Watch minutes 15-20. They want to wait and see what the 5k bump does....smh! 

"Everything is on the table"  

Just not higher pay...

[SFG]

1 hour ago, Orbit said:

"Everything is on the table"  

Just not higher pay...

Senator: You requested $35k for the bonus... is that enough?

CSAF: It is.

[Hunter Rose]

1 hour ago, sling-it-17 said:

They want to wait and see what the 5k bump does....

Kind of need to release the PDSM and ctually offer a bonus first to see what the 5K bump does. 

I wonder how long HAF will sit on this. Hopefully we see it offered sometime in June. 

[FourFans]

Cuz I haven't seen it said recently here:

Don't take the bonus.  The USAF cannot be trusted.

[billy pilgrim]

22 hours ago, FourFans130 said:

Don't take the bonus.  The USAF cannot be trusted.

This.  Seeing TAMI-21 happen as a Lt in a CAF SQ made me significantly reassess my view of big blue.  Passed on the bonus.

[Snooter]

On 5/21/2018 at 4:23 AM, FourFans130 said:

Cuz I haven't seen it said recently here:

Don't take the bonus.  The USAF cannot be trusted.

But but but integrity something something service...  put that on your f’ing quad chart Air Force, I’m out...

Edited May 23, 2018 by Snooter

[abmwaldo]

On 5/17/2018 at 11:05 AM, Barrelroll9 said:

Supposedly the ANG FY18 AvB completed its routing for signatures about a month ago. Does anyone know of its status?

See attached. Buddy of mine texted the pictures to me since I'm off the AFNET. 

[memelord]

Just got the eligibility email on the active duty side. So I guess it’s officially released. My tier bumped up $500/yr from the initial PSDM so looks like they made adjustments.

 

[Cooter]

PSDM is up on myPers

Cooter

[di1630]

Just got an email. Is the option to renegotiate new? I took it in 2014 til 20 yas. 3 yrs left + I gotta sign on for 3 addt’l = $140k net....

Is it wrong I didn’t consider it for a moment?

[Skitzo]

Just got an email. Is the option to renegotiate new? I took it in 2014 til 20 yas. 3 yrs left + I gotta sign on for 3 addt’l = $140k net....

Is it wrong I didn’t consider it for a moment?

No it isn’t wrong. But I read that as well but didn’t see it in the actual PDSM.

[neontico]

So, I’m tracking the initial 25% tax.  But, with regard to these lump sum options, does the remaining cash count against you as income during tax season?  Concern would be with getting pushed to higher tax brackets.

[nunya]

18 minutes ago, neontico said:

does the remaining cash count against you as income during tax season?

Yep.  But our tax is progressive, so not every dollar is taxed at the higher rate.  

[Homestar]

27 minutes ago, nunya said:

....not every dollar is taxed at the higher rate.  

Surprised at how many people don’t understand this. 

[Guest]

Surprised at how many people don’t understand this. 

More importantly, Social Security stops after ~130k in income. Based on my rough math, with the lump sum I may be paying an extra 2% in federal taxes on 35k of my income, but saving 6% on 70k of it.

[war007afa]

So currently stuck without network access betweeen AORs. What’s this talk of renegotiating?  Unable to access the PSDM. 

[Fifty-six & Two]

1 hour ago, war007afa said:

So currently stuck without network access betweeen AORs. What’s this talk of renegotiating?  Unable to access the PSDM. 

If you took the bonus prior to FY17 and it has not expired, you can renegotiate your contract. Problem is that it has to be a minimum of 3 years and is only for your current contract payout. You don't get the benefits of the FY19 rates. Not worth it.

Edited June 2, 2018 by Fifty-six & Two

[Karl Hungus]

47 minutes ago, Fifty-six & Two said:

Not worth it.

None of the bonus is “worth it”, in terms of an incentive to stay on active duty longer than you otherwise would have, with money being the motivating factor.  It’s certainly free money for those who were going to stay anyway, though.  

The only reason it doesn’t go lower, or go away, is so that management can point to the low take rates in a couple years to help justify their request for stop loss.

[FourFans]

Do not take the bonus.

[Guardian]

https://www.airforcetimes.com/news/your-air-force/2018/06/11/ending-the-pilot-exodus-air-force-rolls-out-new-bonuses-incentives-will-it-work-this-time/

Apparently the AF rolled out new bonuses and incentives. Not just a year sign up extension for the same price. I haven’t seen These new programs. Has anyone else? And that goldfien even says that money isn’t the problem. Reading between the lines he blames sq cc’s.

Thoughts?

[Homestar]

I think Goldfein is genuine in his desire to revitalize the squadrons. 

However, I think he undervalues the impact a real bonus would have on retention. 

[pawnman]

24 minutes ago, Homestar said:

I think Goldfein is genuine in his desire to revitalize the squadrons. 

However, I think he undervalues the impact a real bonus would have on retention. 

That's our own fault for consistently saying "it's not about the money" for the last couple years.

[Guardian]

Goldfien thinks we are all volunteers and thus it doesn’t matter if we are pilots or not. Hence bonuses won’t really matter. We want to be motivated to follow non monetarily. At least that what his quotes seem to point at.