2021 BRS Continuation Pay, TSP Info on New 5-Year L Funds, and Finance Friday Articles
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
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
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
May-June Global Health Engagement Professional Development Update
Here is the update, which includes a link to the site where you can apply for the Global Health Engagement Additional Qualification Designators (AQDs):
Throwback Thursday Classic Post – Great GI Bill Summary
As a guy who is using his GI Bill right now for my daughter and sees how easy it is, I really value the GI Bill. If you need to learn everything about the Post 9/11 GI Bill and how it works, read this article:
Medical Flag Moves
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.
FY21 Senior Operational, Post-Command, and Senior Executive Medicine Opportunities
Here is the list of FY21 Senior Operational, Post-Command, and Senior Executive Medicine Opportunities:
FY21 Senior Operational, Post-Command, and Senior Executive Medicine Opportunities
If you want to apply for any of these positions, you have to send me your CV, military bio, and this Executive Medicine Form with up to 6 positions ranked on it by COB 14 AUG 2020.
Any questions? E-mail me.
COVID-Related Updates on PCSing/Travel, Promotion Boards, and Changes to Military Health System
Here are two good documents that explain the recent PCS/travel updates:
Conditions-Based Movement Fact Sheet
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+
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:
- Letter of intent, CV, military bio
- 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.
National Intrepid Center of Excellence Director – O5/O6
Information on this position in Bethesda is here:
Position Description_NICOE_Navy_Director_April_2020
They are looking for a late summer/early fall 2020 fill. Interested parties need to send a CV/bio to me at joel.m.schofer.mil < at > mail.mil by COB 26 JUN 2020.
DCSS Position at NMCSD – O5/O6
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:
- A track record of broad superior performance in both clinical and leadership positions
- Effective interpersonal communication and collaboration skills
- Proven ability to function in operational and academic settings and to guide staff in meeting clinical competency and program accreditation standards
- 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.
Navy Sets Rules for Lifting COVID-19 Travel Restrictions
Here’s a link to this article released yesterday:
Joel Schofer's Career Planning Blog 