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16 Cards in this Set
- Front
- Back
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How is dislocation allowance calculated?
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Equal to one month's basic allowance for quarters (BAQ) for member's dependency status and paygrade
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What is MALT?
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Monetary Allowance in Lieu of Transportation
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What is SRB?
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Selective Reenlistment Bonus
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Describe the parameters for SRB Zone A
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Completed 21 months but not more than 6 years continuous active naval service.
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Describe the parameters for SRB Zone B
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Completed 6 years but not more than 10 years active military service immediately preceding date of reenlistment
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Describe the parameters for SRB Zone C
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Completed 10 years but not more than 14 of active military service on the date of reenlistment
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What is TA? What types of funding does it provide
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Tuition Assistance. 1. 75% of tuition costs (across the board); 2. 100% tuition cost for courses leading to HS diploma; covers expenses for instructional fees & consumable materials required for course completion
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Who can impose policy changes on TA?
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CNO
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What is PACE? Describe.
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Program for Afloat College Education; college instructors aboard deployed ships
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What is DANTES? Describe.
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Defense Activity for Non-Traditional Education Support; DOD agency that supports the voluntary education programs of each military service by providing examination, certification, evaluation and information support (ie. administer CLEP-College Level Examination Program, GED-General Educational Development and other standardized tests)
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What is SOC? Describe.
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Servicemembers Opportunity College; national group of over 450 colleges that have agreed to cooperate with the DOD to support voluntary education programs.
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What's SOCNAV? Describe.
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Navy Associate Degree Program; associate degree program for the Navy coordinated by SOC
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What is MGIB? Describe.
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Montgomery GI Bill; starting 1JUL85 nonprior service members entering active duty to receive education benefits consisting of $300/month for 36 months can be used while in service after 2 years of active duty service--must use all benefits within 10 years after date of last discharge or release from active duty
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What is GUARD III? Describe.
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Guaranteed Assignment Retention Detailing; permits 2 guaranteed duty assignments, 1st to be used during 1st reenlistment, 2nd up to 25th year of service
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What is CHAMPUS? Describe.
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Civilian Health And Medical Program of the Uniformed Services. Via CHAMPUS, the government shares to cost of medical care from civilian hospitals & doctors. Pays 80% of allowable cost; requires $150 deductibe (per person)or $300 (per family) each year. Pays for prescription at civilian pharmacy when meds not carried by mil hospital.
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What should you do if a subordinate seeks financial advice from you?
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Refer him/her to local command counserlor, FSC (Family Service Center), credit union or other financial counseling--never provide it yourself.
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