R 281451Z JUL 11
UNCLASSIFIED//
MARADMIN 427/11
MSGID/GENADMIN/CMC WASHINGTON DC MRA MM//
SUBJ/FY11 UPDATE ON CAREER STATUS BONUS (CSB) REDUX//
REF/A/MSGID:MSG/CMC/YMD:20010208//
REF/B/MSGID:MSG/CMC/YMD:20010518//
REF/C/MSGID:MSG/CMC/YMD:20020708//
REF/D/MSGID:MSG/CMC/YMD:20110201//
NARR/REF A IS MARADMIN 056/01, CAREER STATUS BONUS (CSB)/REDUX, REF B IS MARADMIN 241/01, CAREER STATUS BONUS (CSB) /REDUX-UPDATE ONE, REF C IS MARADMIN 365/02, CAREER STATUS BONUS (CSB)/REDUX INSTALLMENT OPTIONS, REF D IS CNA REPORT-RETIREMENT CHOICE: 2011//
POC/A. B. WILSON/MAJ/ANDREW.WILSON@USMC.MIL/UNIT:MMSR/-/TEL:703-784-9304//
GENTEXT/REMARKS/1.  AS A RESULT OF THE FY 2000 NATIONAL DEFENSE AUTHORIZATION ACT, MARINES WHO ENTERED SERVICE ON OR AFTER 1 AUGUST 1986 HAVE A CHOICE, UPON COMPLETING 15 YEARS OF ACTIVE SERVICE, BETWEEN RETIRING UNDER THE HIGH THREE SYSTEM OR UNDER THE CSB/REDUX SYSTEM.  THE DECISION TO ELECT CSB/REDUX IS IRREVOCABLE.  UNDER CSB/REDUX, A MARINE RECEIVES A ONE TIME BONUS OF THIRTY THOUSAND DOLLARS (LESS APPROX. 7,500 DOLLARS IN FEDERAL TAXES), BUT EXPERIENCES REDUCED RETIREMENT INCOME FOR LIFE.  REF D SPECIFICALLY COMPARES THE TWO RETIREMENT PLANS AND DETAILS THE POTENTIAL REDUCTION OF AT LEAST 370,000 DOLLARS IN RETIREMENT COMPENSATION OVER A LIFETIME-THROUGH AGE 79-IF CSB/REDUX IS ELECTED.  FOR THOSE WHO LIVE PAST 79, THE LOSSES ARE EVEN GREATER.
2.  AUGUST 2001 MARKED THE INITIAL OPPORTUNITY TO ELECT CSB/REDUX. MARINES STARTED RETIRING UNDER CSB/REDUX IN AUGUST 2006.  WHEN FIRST ESTABLISHED, THE MARINE CORPS TAKE RATE FOR CSB/REDUX WAS IN THE VICINITY OF 60 PERCENT OF THOSE APPROACHING 15 YEARS OF SERVICE. THROUGH THE END OF SEPTEMBER 2010, THE TAKE RATE FOR THE MARINE CORPS DECREASED TO 15 PERCENT.
3.  THE PURPOSE OF THIS MARADMIN IS TO ENSURE THAT MARINES ARE COGNIZANT OF THE EFFECT THAT ELECTING CSB/REDUX HAS ON FUTURE RETIREMENT INCOME.  THE COMMANDANT OF THE MARINE CORPS HAS DIRECTED IMPLEMENTATION OF FURTHER EDUCATION AND SUPERVISORY CONTROLS TO ENSURE MARINES HAVE THE BEST INFORMATION TO SUPPORT A DECISION WITH SUCH SIGNIFICANT RAMIFICATIONS.
4.  NUMEROUS CALCULATORS AND FACT SHEETS ARE AVAILABLE ON THE INTERNET FOR REVIEW BY MARINES AND THEIR CHAIN OF COMMAND:
    A.  CENTER FOR NAVAL ANALYSES (CNA)  (WWW.CNA.ORG/CENTERS/RESOURCE-ANALYSIS/RETIREMENT-CALCULATOR) - CNA RETIREMENT CHOICE CALCULATOR IS A TOOL THAT SUPPORTS INFORMED RETIREMENT PLANNING BY MILITARY SERVICE MEMBERS.
    B.  MANPOWER AND RESERVE AFFAIRS PORTAL - THE SEPARATION AND RETIREMENT BRANCH (MMSR-2) WEBPAGE (HTTPS:(SLASH)(SLASH) WWW.MANPOWER.USMC.MIL/PORTAL/PAGE/PORTAL/M(UNDERSCORE)RA(UNDERSCORE)HOME/MM/SR/RETIREMENTS/PAY(UNDERSCORE)PLANS) COVERS THE DIFFERENT RETIREMENT CHOICES AND PAY PLANS AVAILABLE TO RETIREES. ADDITIONALLY, THERE ARE LINKS TO CALCULATORS WHICH WILL ASSIST THE MARINES IN MAKING AN INFORMED CHOICE.
    C.  MARINE ONLINE - ALL MARINES ARE REQUIRED TO HAVE AN ACCOUNT ESTABLISHED WITH MARINE ONLINE.  NUMEROUS INFORMATIVE LINKS ARE PROVIDED UNDER PERSONAL INFO, PERSONAL REPORTS, CAREER STATUS BONUS (CSB).  UNDER THE MAKE AN INFORMED CHOICE BANNER IS A LINK RETIREMENT CHOICE, COMPARING THE OPTIONS FOR MAKING AN INFORMED DECISION.
5.  MARINENET CONTINUES TO OFFER A SELF-PACED TUTORIAL THAT ALLOWS MARINES TO REVIEW THE CURRENT INFORMATION ON THE CAREER STATUS BONUS.  ALL MARINES ELECTING TO RECEIVE THE CSB/REDUX MUST COMPLETE THE TUTORIAL AND PRESENT THE COMPLETION CERTIFICATE BEARING THE NAME OF THE MARINE TO THE WITNESSING OFFICIAL OF THE MARINE MAKING THE ELECTION.  MARINES NOT ELECTING TO RECEIVE THE CSB/REDUX ARE ENCOURAGED BUT NOT REQUIRED TO COMPLETE THE TUTORIAL.
6.  COMMANDERS ARE REQUIRED TO ENSURE THAT ALL MARINES UNDER THEIR CHARGE, OFFICERS AND ENLISTED, RECEIVE APPROPRIATE COUNSELING ON THE IMPACTS OF THEIR RETIREMENT CHOICE.  PER REFERENCE (A), IF ELECTING TO RECEIVE THE CSB, BLOCK 13 OF DD FORM 2839 (WITNESS BLOCK OF CSB ELECTION FORM) MUST BE COMPLETED BY THE COMMANDING OFFICER, EXECUTIVE OFFICER OR SERGEANT MAJOR OF THE MARINE MAKING THE ELECTION.  COMMAND ELEMENT COUNSELING AND WITNESS OF THE MARINES ELECTION CONSTITUTES APPROPRIATE LEADERSHIP INTEREST IN THIS IRREVOCABLE DECISION AND FURTHER INDICATES THE COMMAND'S ENDORSEMENT THAT THE MARINE IS QUALIFIED FOR ADDITIONAL SERVICE TO COMPLETE NO LESS THAN 20 YEARS.  LACK OF SUCH AN ENDORSEMENT FOR A CAREER MARINE REQUIRES NOTIFICATION TO CMC (MM) FOR A DETERMINATION OF FUTURE SERVICE.
7.  ADDITIONAL RESTRICTION OF CSB ELECTION.  A MARINE'S ASSIGNMENT INTO THE DISABILITY EVALUATION SYSTEM (DES) FOR EITHER TEMPORARY LIMITED DUTY OR REFERRAL TO THE PHYSICAL EVALUATION BOARD IS AN INDICATION OF THE POSSIBILITY THAT THE MARINE MAY NOT COMPLETE 20 YEARS OF SERVICE.  THEREFORE, ELECTION SHALL BE DEFERRED UNTIL THE MARINE HAS BEEN FOUND FIT AND IS IN A FULL DUTY STATUS, QUALIFIED FOR RE-ENLISTMENT AND WORLDWIDE ASSIGNMENT.  THE RESTRICTIONS IN THIS PARAGRAPH DO NOT APPLY TO MARINES WITH 16 OR MORE YEARS OF SERVICE AND ASSIGNED TO RETIREMENT PERMANENT LIMITED DUTY OR EXPANDED PERMANENT LIMITED DUTY BY CMC (MMSR-4), AS THEIR COMPLETION OF 20 YEARS OF SERVICE HAS BEEN REVIEWED AND APPROVED.
8.  SINCE 15 PERCENT OF ALL ELIGIBLE MARINES (OFFICER AND ENLISTED) ARE CHOOSING THE CSB, THE CONTINUING NEED TO EDUCATE AND ADVISE OUR MARINES IS CRUCIAL.  THEREFORE, NO DELEGATION OF COUNSELING IS AUTHORIZED.  CSB WITNESSING OFFICIALS SHALL ONLY BE THE COMMANDING OFFICER, EXECUTIVE OFFICER OR SERGEANT MAJOR. COMMANDERS SHALL ENSURE WIDEST DISSEMINATION AND COMPLIANCE WITH THIS MARADMIN.
9.  PER THE REFERENCES, THIS MARADMIN APPLIES TO THE TOTAL FORCE.
10.  RELEASE AUTHORIZED BY MR. C. F. SWAIN, DIRECTOR, MANPOWER MANAGEMENT DIVISION (ACTING).//