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Posted
1 hour ago, WheelsOff said:

There was a post about this year’s bonus on the MAF FB page, but it got deleted. Too many cynical responses/GIFs I think. 
 

Bummer...it was some good bathroom reading material. 

Sad cause it was only the honest truth being spoken there by the masses. Guess the Bobs didn’t like it. 

  • Upvote 1
Posted

Guard bonus is out. You can now renegotiate for a higher bonus. Adds 2 years to current commitment minimum and can only be broken by NGB/A1 in extreme circumstances. No thanks.

Thanks for making the guard more active duty like (sarcasm)

  • 2 weeks later...
Posted

I noticed Tier 7's bonus value is based on Tier 1-3's take rate.  Anyone know if/how/when they are going to publish the actual bonus value?  

Posted

Odd situation/possible low SA on my part at the time:

As a CSO with an expired CSO ADSC, I was eligible for the ACP that dropped late September/Early Oct of 18.  However, well before that bonus was announced, I was picked up for pilot training.  While processing my PCS orders, MPF/TFSC told me that in order to receive those orders to UPT, I had to sign an ADSC stating that if I completed pilot training, I would owe 10 years.  Well, I went ahead and signed that, and they tacked on a 10 year UPT ADSC effective on the day I signed it, well before I ever left my pre-UPT assignment.

So, months later, when the time came to apply for the bonus, it was of course denied because I had an existing (erroneous) UPT ADSC.  This was 8 months before UPT graduation.  In fact at the time I was too busy getting my shit pushed in in T-6's to bother trying to fix the ADSC issue.  Once I graduated UPT, that 10 year ADSC was updated to reflect my grad date.

I'm missing out on $225k of pre-tax bonus here, so does anyone think I have a chance of getting this resolved in my favor?  Do I open a case with AFPC, Finance, Legal, IG?  Lawyer up?  Or do I just STFU and enjoy my window seat?

Posted
Odd situation/possible low SA on my part at the time:
As a CSO with an expired CSO ADSC, I was eligible for the ACP that dropped late September/Early Oct of 18.  However, well before that bonus was announced, I was picked up for pilot training.  While processing my PCS orders, MPF/TFSC told me that in order to receive those orders to UPT, I had to sign an ADSC stating that if I completed pilot training, I would owe 10 years.  Well, I went ahead and signed that, and they tacked on a 10 year UPT ADSC effective on the day I signed it, well before I ever left my pre-UPT assignment.
So, months later, when the time came to apply for the bonus, it was of course denied because I had an existing (erroneous) UPT ADSC.  This was 8 months before UPT graduation.  In fact at the time I was too busy getting my shit pushed in in T-6's to bother trying to fix the ADSC issue.  Once I graduated UPT, that 10 year ADSC was updated to reflect my grad date.
I'm missing out on $225k of pre-tax bonus here, so does anyone think I have a chance of getting this resolved in my favor?  Do I open a case with AFPC, Finance, Legal, IG?  Lawyer up?  Or do I just STFU and enjoy my window seat?

For $225k I’d look into it IF you can show the paper trail of their error and your denied bonus.

If you take a CSO bonus though and leave the career field, I’m not sure you keep getting that CSO bonus. Might ask about that.






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Posted
18 hours ago, wazzuPIC said:

Odd situation/possible low SA on my part at the time:

As a CSO with an expired CSO ADSC, I was eligible for the ACP that dropped late September/Early Oct of 18.  However, well before that bonus was announced, I was picked up for pilot training.  While processing my PCS orders, MPF/TFSC told me that in order to receive those orders to UPT, I had to sign an ADSC stating that if I completed pilot training, I would owe 10 years.  Well, I went ahead and signed that, and they tacked on a 10 year UPT ADSC effective on the day I signed it, well before I ever left my pre-UPT assignment.

So, months later, when the time came to apply for the bonus, it was of course denied because I had an existing (erroneous) UPT ADSC.  This was 8 months before UPT graduation.  In fact at the time I was too busy getting my shit pushed in in T-6's to bother trying to fix the ADSC issue.  Once I graduated UPT, that 10 year ADSC was updated to reflect my grad date.

I'm missing out on $225k of pre-tax bonus here, so does anyone think I have a chance of getting this resolved in my favor?  Do I open a case with AFPC, Finance, Legal, IG?  Lawyer up?  Or do I just STFU and enjoy my window seat?

I think you’re SOL.

For the money, definitely try.  But you’re asking the AF to back pay you a portion of the bonus you would have taken (theoretically) for time already severed, on a bonus you’re currently ineligible for.  Tough case to make, even if you had gobs of free time.  

Posted
22 hours ago, di1630 said:


 IF you can show the paper trail of their error and your denied bonus.
 

 

10 hours ago, tac airlifter said:

Tough case to make, even if you had gobs of free time.  

Agree on both points, and free time is something I don't exactly have right now.  Also, paper trail is hard to establish when TFSC case messages auto-delete after a certain period of time.  For the casual/inexperienced reader - make sure you screenshot/save every interaction with AFPC.  You are the only one looking out for you.

  • Like 1
Posted
On 2/23/2020 at 1:09 PM, wazzuPIC said:

Odd situation/possible low SA on my part at the time:

As a CSO with an expired CSO ADSC, I was eligible for the ACP that dropped late September/Early Oct of 18.  However, well before that bonus was announced, I was picked up for pilot training.....

So, months later, when the time came to apply for the bonus, it was of course denied because I had an existing (erroneous) UPT ADSC.........

I'm missing out on $225k of pre-tax bonus here, so does anyone think I have a chance of getting this resolved in my favor?  Do I open a case with AFPC, Finance, Legal, IG?  Lawyer up?  Or do I just STFU and enjoy my window seat?

Unfortunately I don’t think you have a case for the cash....

I think the lawyers would say....

when accepting and being assigned to UPT the became an AFSC of 92T0 which is not 12XX and not eligible for the bonus

But for 200K why not push for it.  There may may have been a short window of still being a 12XX...remember they pay in full years

  • 3 months later...
Posted
If you’re deployed when the bonus hits, is it tax free?
No for commissioned officers. A portion may be tax free (up to the monthly CTZE cap allowed for commissioned officers).

But if your on the combat zone, your TSP cap goes up to $55K, so that's an option to squirrel away some of the bonus money as well.
  • Upvote 1
  • 3 weeks later...
Posted
On 2/23/2020 at 1:09 PM, wazzuPIC said:

Odd situation/possible low SA on my part at the time:

As a CSO with an expired CSO ADSC, I was eligible for the ACP that dropped late September/Early Oct of 18.  However, well before that bonus was announced, I was picked up for pilot training.  While processing my PCS orders, MPF/TFSC told me that in order to receive those orders to UPT, I had to sign an ADSC stating that if I completed pilot training, I would owe 10 years.  Well, I went ahead and signed that, and they tacked on a 10 year UPT ADSC effective on the day I signed it, well before I ever left my pre-UPT assignment.

So, months later, when the time came to apply for the bonus, it was of course denied because I had an existing (erroneous) UPT ADSC.  This was 8 months before UPT graduation.  In fact at the time I was too busy getting my shit pushed in in T-6's to bother trying to fix the ADSC issue.  Once I graduated UPT, that 10 year ADSC was updated to reflect my grad date.

I'm missing out on $225k of pre-tax bonus here, so does anyone think I have a chance of getting this resolved in my favor?  Do I open a case with AFPC, Finance, Legal, IG?  Lawyer up?  Or do I just STFU and enjoy my window seat?

I was in the same situation, applied for the Nav bonus after talking to AFPC. I was at the end of my T-38C time in UPT. They said I was eligible so I submitted my paperwork and it got approved. Now I just have to live in fear for the rest of my time in the Air Force... I tried to be as clear as possible to make sure they new my situation and was still told to submit the paperwork. I would definitely make some calls. 

  • Upvote 1
  • 3 weeks later...
Posted
12 hours ago, DuckHunter said:

Anybody have SA on next years bonus?

Meet the new bonus, it's like the old bonus of 25K, except it says FY21.

 

 

 

 

 

 

 

 

 

 

I have no idea, but I have the pitchfork and torch market cornered.

  • Like 1
Posted
42 minutes ago, LookieRookie said:

Meet the new bonus, it's like the old bonus of 25K, except it says FY21.

 

 

 

 

 

 

 

 

 

 

I have no idea, but I have the pitchfork and torch market cornered.

That’s what I’m thinking as well...if even that.  Since Corona derailed my getting out plans, I’m looking at a PCS that is agreeable to the family and me.  Since I’ll get the ADSC anyway, toying with taking the 3 year option.  

Just wanted to see if anybody had SA so I make the best possible decision.  Other than the obligatory don’t take the devils money.

  • Upvote 2
Posted (edited)
On 7/10/2020 at 6:48 PM, DuckHunter said:

That’s what I’m thinking as well...if even that.  Since Corona derailed my getting out plans, I’m looking at a PCS that is agreeable to the family and me.  Since I’ll get the ADSC anyway, toying with taking the 3 year option.  

Just wanted to see if anybody had SA so I make the best possible decision.  Other than the obligatory don’t take the devils money.

Some quick Google-Fu:  This article on Federal News Network (not sure on their veracity in reporting, but an interesting speculation nonetheless) seems to predict higher percentage of take rates than historically.  Elsewhere in the aviation industry, talking heads are forecasting doom and gloom for the next few years, El Al is pretty much in an accelerated stall though they’re about to get a ballistic recovery system from New York, Emirates is cutting OVER 9000 jobs without actually admitting that they’re in dire straits (or “up to 9000” if you want to quote it verbatim), and The Motley Fool is claiming that United Airlines isn’t expecting the most recent spike in air travel to continue...  

Personally, I took 4 years under the FY19 AvB, paired with the BRS for concurrent monies and ADSCs.  But this summer, the wife and I are considering tacking on a few more years in the FY20 offering before Big Blue’s money dries up, which would allow me to eventually enroll in the check-of-the-month club.  Family stability and meeting significant financial independence goals are the primary reasons, and the current COVID-driven dip in outside employment in my career field shouldn’t affect the FY25-FY28 hiring peak too much, I hope.

Edited by PAWS
Posted (edited)

Nah, the flexibility to leave if I want is worth more than $20k a year, even in the current jobs environment. That should tell the AF something about its climate. 

(Yeah, I know it won’t actually.)

Edited by SurelySerious
  • Like 1
  • Upvote 2
Posted
7 minutes ago, SurelySerious said:

Nah, the flexibility to leave if I want is worth more than $20k a year, even in the current jobs environment. That should tell the AF something about its climate. 

The standard YMMV.  Three and four SQ/CCs ago, I would have been thinking similarly, but we’re on a pretty good vector now.

  • Like 1
  • Upvote 1
Posted

Just got my annual bonus installment...you know, for all the bad parts about this job, the money ain't too bad.

Gonna keep it in checking until this PCS is over, then probably dump a fair amount into an ETF.  Part of me is hoping for another stock market crash before I pull the trigger.

  • Like 2
  • Upvote 2
Posted
2 hours ago, pawnman said:

Just got my annual bonus installment...you know, for all the bad parts about this job, the money ain't too bad.

Gonna keep it in checking until this PCS is over, then probably dump a fair amount into an ETF.  Part of me is hoping for another stock market crash before I pull the trigger.

You shouldn't need to wait long. 😄

Posted
On 7/14/2020 at 12:10 PM, pawnman said:

Just got my annual bonus installment...you know, for all the bad parts about this job, the money ain't too bad.

Gonna keep it in checking until this PCS is over, then probably dump a fair amount into an ETF.  Part of me is hoping for another stock market crash before I pull the trigger.

I tried to time the remainder of our Roth IRA contributions this past February, but lets just say that 20/20 hindsight says that was a premature deposit...

If you’re playing the long game (unlike the kids day-trading Tesla and Boeing), being consistent is generally better than timing the market. I think someone posted this link about timing the market vs time in the market on another thread (I’m not claiming originality, though I would be curious to see that guy’s Google spreadsheet go past May 2019).

We’re using the bonuses on our mortgage principal to kill that “gravity penalty” that mortgage interest is, while still investing.  Rolling equity forward to future PCS moves can be eye-watering if you are patient.  If you’re already there, though, more power to you in timing the crash perfectly.

Posted
4 minutes ago, PAWS said:

I tried to time the remainder of our Roth IRA contributions this past February, but lets just say that 20/20 hindsight says that was a premature deposit...

If you’re playing the long game (unlike the kids day-trading Tesla and Boeing), being consistent is generally better than timing the market. I think someone posted this link about timing the market vs time in the market on another thread (I’m not claiming originality, though I would be curious to see that guy’s Google spreadsheet go past May 2019).

We’re using the bonuses on our mortgage principal to kill that “gravity penalty” that mortgage interest is, while still investing.  Rolling equity forward to future PCS moves can be eye-watering if you are patient.  If you’re already there, though, more power to you in timing the crash perfectly.

Oh, I agree.  I'm not waiting around for another crash, just kind of hoping for it when the time comes.  I'll be putting the money in either way.

  • 1 month later...
Posted

The ACP is supposed to pay out monthly, right?

I signed for the 3 year option ($35k/yr) about 2 weeks ago and I just received a sizable deposit from DFAS today (~$19k) and I'm under the impression that is incorrect.

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