You are viewing a single comment's thread from:

RE: LeoThread 2025-01-10 07:20

in LeoFinance12 hours ago

Part 7/9:

One of the most hotly discussed topics was the newly announced retention payment for soldiers entering their fourth year. Some wondered if the exclusion of certain groups was racially motivated. I clarified that retention issues, rather than race, are the basis for payment eligibility. The MOD operates on retention data, aiming to direct funds where they are most needed rather than distribute them indiscriminately.

I also speculated about whether those with longer service years may receive similar payments but noted it was unlikely due to the "pension trap" that comes into play after 14 years of service.

Deciding on the Retention Bonus and Financial Planning