FEDERAL · 37 U.S.C. · Chapter 5

Incentive bonus: retired members and reserve component members volunteering for high-demand, low-density assignments

Current through Pub. L. 119-102
Title 37Pay and Allowances of the Uniformed Services·Ch. 5 — SPECIAL AND INCENTIVE PAYS·Subch. I
(a)Incentive Bonus Authorized.—The Secretary of Defense may pay a bonus under this section to a retired member or former member of the Army, Navy, Air Force, or Marine Corps or to a member of a reserve component of the Army, Navy, Air Force, or Marine Corps (who is not otherwise serving on active duty) who executes a written agreement to serve on active duty for a period specified in the agreement in an assignment intended to alleviate the need for members in a high-demand, low-density military capability or in any other specialty designated by the Secretary as critical to meet wartime or peacetime requirements.
(b)Maximum Amount of Bonus.—A bonus under subsection (a) and any incentive developed under subsection (d) may not exceed $50,000.
(c)Methods of Payment.—At the election of the S

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37 U.S.C. § 329 (Incentive bonus: retired members and reserve component members volunteering for high-demand, low-density assignments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 101
37 U.S.C. § 101
§ 303a
37 U.S.C. § 303a

Source Credit

History

(Added Pub. L. 109–364, div. A, title VI, §621(a), Oct. 17, 2006, 120 Stat. 2253.)

Editorial Notes

Statutory Notes and Related Subsidiaries

Effective Date
Pub. L. 109–364, div. A, title VI, §621(e), Oct. 17, 2006, 120 Stat. 2255, provided that: "No agreement may be entered into under section 329 of title 37, United States Code, as added by subsection (a), before October 1, 2006."