Uncategorized

2021 BRS Continuation Pay, TSP Info on New 5-Year L Funds, and Finance Friday Articles

Posted on Updated on

Here is an article about FY21 Continuation Pay for those in the Blended Retirement System (and here’s a guest post about applying for it):

Blended Retirement System CY 2021 Continuation Pay Announced

 

Here is the TSP PDF about the new Lifecycle Funds in 5-year increments that start 1 JUL 2020:

Additional Lifecycle (L) Funds

 

Here are my favorites this week:

6 steps to selecting a target-date fund

Automate Automate Automate

Farewell Yield

When Should You Sell Your Stocks?

 

Here are the rest of this week’s articles:

3 Reasons Why You Can Take More Risk with a 529

As Old as the Hills

“Buy low, sell high.”

Choose FI over FIRE

Coming Up Short When Trying to Buy a House

How State and Local Taxes Affect Your Retirement Plan

How Will Private Equity Work in 401ks?

Is This The Most Volatile Year Ever?

Not All Income Is Created Equal

Questions I’m Asked About Term Life Insurance

Sitting on One Million Dollars in Cash

Some Things About the Markets That Will Never Change

The New Stretch IRA

Think Like a Winner

Triple Blunder

White Coat Investor’s First Individual Stock

Why the Market is So Confused Right Now

Medical Flag Moves

Posted on Updated on

There are multiple flag moves announced in this update that include:

  • Rear Adm. (lower half) Anne M. Swap, selected for promotion to rear admiral, will be assigned as director, National Capital Medical Directorate, Defense Health Agency, Washington, D.C. Swap is currently serving as commander, Naval Medical Forces Atlantic, Portsmouth, Virginia.
  • Rear Adm. (lower half) Pamela C. Miller will be assigned as fleet surgeon, U.S. Pacific Fleet; and command surgeon, U.S. Indo-Pacific Command, Camp H. M. Smith, Hawaii. Miller is currently serving as reserve fleet surgeon, U.S. Fleet Forces Command, Norfolk, Virginia.
  • Rear Adm. (lower half) Darin K. Via will be assigned as commander, Naval Medical Forces Atlantic, Portsmouth, Virginia. Via is currently serving as director, medical systems integration and combat survivability, N44, Office of the Chief of Naval Operations, Washington, D.C.

COVID-Related Updates on PCSing/Travel, Promotion Boards, and Changes to Military Health System

Posted on Updated on

Here are two good documents that explain the recent PCS/travel updates:

Conditions-Based Movement Fact Sheet

PCS Restart Fact Sheet-QA

 

Here is a newsletter with an article on the restarting of promotion boards:

MyNavy Sailor to Sailor – JUNE 2020

In brief, it says:

  • Although the boards were postponed, those who are selected for promotion can expect to be assigned the original date of rank and receive any back pay and allowances they’re warranted.
  • Sailors’ Official Military Personnel Files will be reviewed as of the original board convening date and their eligibility will remain the same.
  • Deadlines for letters to the board remain the same as originally set, except for the Reserve E-7 Board, which had a deadline of May 18, 2020, to compensate for delays in their eligibility determination. The remaining deadlines remain the same to maintain a fair and impartial balance across the fleet, but Sailors are encouraged to submit a letter if they feel their eligibility is unclear.
  • Officer promotion boards require additional reviews and results are expected to be approved and announced 100 days after a board adjourns.

 

Here’s a link to Military.com and Federal News Network articles about MHS changes:

Big Changes to Military Health System Will Be Delayed, Top Health Official Says

DoD pressing ahead with plans to close, realign medical facilities despite GAO warnings

Assistant DIO Position at NMCP – O4+

Posted on Updated on

The Director for Professional Education seeks qualified Medical Corps officers, 04 and above, for the position of Assistant Designated Institutional Official (DIO, aDIO Position Vacancy).

Prospective applicants should submit the following documents by close of business on 24 JUN 2020:

  1. Letter of intent, CV, military bio
  2. Department Head endorsement

Direct any questions and submit packages to CAPT Marilisa Elrod and CDR Dinchen Jardine (contact is in the global).

Anyone applying needs to either be at NMCP, have orders there, or get Detailer clearance before applying.

DCSS Position at NMCSD – O5/O6

Posted on Updated on

The Commanding Officer, Naval Medical Center, San Diego, is seeking applicants for the position of Director for Clinical Support Services.

The position will be available beginning August 2020.

Senior officers (O5/O6) from any Navy Medical Department Corps may apply. The position requires management of civilian, contract, and active duty personnel, multiple training programs, and the sustainment of multiple national accreditations. Full position description is here.

The preferred candidate must meet the following standards:

  1. A track record of broad superior performance in both clinical and leadership positions
  2. Effective interpersonal communication and collaboration skills
  3. Proven ability to function in operational and academic settings and to guide staff in meeting clinical competency and program accreditation standards
  4. Superior military bearing

Interested personnel should submit an application electronically to gelen.d.georgiou.civ < at > mail.mil no later than Friday 26 JUN 2020. Competitive applications should include a letter of intent, curriculum vitae, and a single-page professional biography. Interviews will be conducted the week of 6 JUL. Please contact CDR Benjamin Drinkwine (contact in the global) with questions.

SG’s Message – Continuing to Deliver

Posted on Updated on

Esteemed Navy Medicine Colleagues,

It is hard to believe, but June marks six months since we first detected COVID-19 in the United States. During this time, our Navy and our Nation have changed in ways that would hardly seem recognizable at the end of 2019. One thing that has remained consistent is that Navy Medicine has stood on the front lines of this fight, bringing Medical Power to our Navy and Marine Corps team.

This is now the new normal and we must learn to sail, fight, and win in this environment. Throughout the early rounds of this battle, Navy Medicine’s kinetic responses were easily visible on every TV and made every headline. Whether it was the sight of two Hospital ships sailing into harm’s way to respond to our country’s needs, or the story of our Expeditionary Medical Facilities rapidly deploying to support our fellow citizens in need, Navy Medicine met the enemy head on. Now, we must shift from this initial response phase to one that builds the strength and resilience of our force so they can operate and succeed this new environment.

Using rapid cycle feedback and continuous learning, we are taking the lessons learned of this initial phase and leveraging them to shape our future strategy. A real life example of this is seen with our work with COVID Convalescent Plasma (CCP). Two weeks ago, the DOD announced the use of the FDA-approved CCP as an investigative treatment against COVID-19. CCP is collected from the blood of individuals whose immune systems have developed antibodies against COVID. Within hours of the newly established policy, we rapidly collected CCP from volunteers aboard the USS Theodore Roosevelt (CVN-71); and over the course of three days, the blood bank/donor center at USNH Guam had collected more than 200 life-saving plasma units. This was the first of many donations as crew from the USS Kidd (DDG-100) also contributed plasma. Navy Medicine will continue to be at the forefront of this effort to gather CCP from Sailors and Marines who have recovered from this disease, and we will use it to treat those who become seriously ill.

Over the last six weeks, TR has also been the focus of a public health outbreak investigation conducted by Navy Marine Corps Public Health Center in partnership with the Centers for Disease Control and Prevention (CDC). This investigation was conducted with volunteer crewmembers who were asked to complete a short survey and provide two specimens for laboratory testing (voluntary blood and nasal swab samples). This is the first CDC published report on this specific demographic of young adults and one of the key findings was that loss of taste or smell was the main symptom most associated with the COVID-19 infection. This joint investigation broadens our understanding of this disease and will inform future testing and mitigation strategies to ensure the readiness of our fleet and force. I recommend you take the opportunity to review the published findings at www.cdc.gov/mmwr.

As our knowledge about the coronavirus continues to expand, we remain steadfast in our commitment to protect the health of our force based on the best available scientific evidence. This is why we exist and it remains our solemn obligation to care for and support America’s Service members and their families. Despite the complexity of this adversary, because of your incredible dedication and unwavering support, we will continue to deliver …Medical Power in Support of Naval Superiority.

With my continued respect and admiration,

SG

Bruce L. Gillingham, MD, CPE, FAOA

RADM, MC, USN

Surgeon General, U.S. Navy

Chief, Bureau of Medicine and Surgery