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| Member Career Status Bonus Election Type | | Description | Member Career Status Bonus Election Type is the specific election a DoD Military Service member makes for a Career Status Bonus.
Usage
Member Career Status Bonus Election Type is used to document the specific election a DoD Military Service member makes for a Career Status Bonus.
A Career Status Bonus may not be revoked once the election is effective.
Career Status Bonus information will be recorded on the Career Status Bonus (CSB) Election (DD Form 2893) for the purpose of recording a DoD Military Service member's eligibility and election to receive or not receive the Career Status Bonus with reduced retired pay (REDUX) and to adjust such retired pay according to the member's election.
Career Status Bonus, if taxable, is income as of the date on which the payment is actually made to a DoD Military Service member. The CSB/REDUX is considered tax exempt if the effective date of the election falls within the month in which a DoD Military Service member is entitled to combat zone tax exclusion. | |
| Permitted Values | Elects Not To Receive a Career Status Bonus
Five Annual Payments of $6,000
Four Annual Payments of $7,500
Single Lump Sum Payment of $30,000
Three Annual Payments of $10,000
Two Annual Payments of $15,000 | |
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| Personally Identifiable Information Requirements Apply | | NO | |
| Standard Context | | Compensation and Reimbursements | |