For 2010, the U.S. Air Force has increased bonuses in 35 Air Force Specialty Code (AFSC) jobs. Re-enlistment bonuses will be offered to Air Force servicemembers who reenlist in specific AFSC jobs.
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2010 Air Force Re-enlistment Bonuses

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For 2010, the U.S. Air Force has increased bonuses in 35 Air Force Specialty Code (AFSC) jobs. Re-enlistment bonuses will be offered to Air Force servicemembers who reenlist in specific AFSC jobs. Half of a servicemember's re-enlistment bonus is paid directly at the time of reenlistment, and balance rest is distributed in annual installments throughout the re-enlistment period.

Along with Air Force bonus increases, ten new AFSCs have been added to the list of AFS classifications. Two AFSCs were removed from the list.

ARE RE-ENLISTMENT BONUSES TAX-FREE?

Re-enlistment bonuses are subject to Federal income tax, and might also be subject to state tax depending on the state laws where the servicemember is a legal resident.

However, you re-enlist while stationed within a designated combat zone, keep in mind that you are entitled to a tax-free re-enlistment bonus.

HOW ARE REINLISTMENT BONUSES CALCULATED?

The amount awarded for a Selective Reenlistment Bonus (SRS) is determined by the servicemember's base pay multiplied by the given bonus multiplier, times number of years (or fraction of year) for which the servicemember reenlists. The maximum reenlistment bonus is $90,000.

CAN I EXPECT REENLISTMENT BONUS CHANGES FROM YEAR TO YEAR?

The given amount for reenlistment bonuses change annually, so be sure to check with your Military Personnel Flight (MPF) or unit career advisor for the most up to date information.



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