As an ex-Regular joining the Army Reserve you can now get up to £10,000 on top of the tax-free bounty and your Army Reserve salary.
BAFF members who are currently serving should already be aware, but this may be of interest to some who left the Regular Army within the past six years. Details below. For more info and how to apply, visit this MoD Army webpage: The Army Reserve.
Incentive payments for ex-Regulars
As an ex-Regular you can get up to £10,000 on top of the tax-free bounty (paid on meeting your minimum annual commitment) and your Army Reserve salary.
You could get:
- £2,000 on approval by the CO of your Army Reserve unit
- £3,000 after completing your first year full training commitment
- £3,000 after completing your second year full training commitment
- £2,000 after completing your third year full training commitment
To be eligible you must meet these conditions:
- You must have completed at least four years Regular service with the rank of Captain or below
- You must join the Army Reserve after 1st January 2014
- You must have left the Regular Army no more than six years before enlisting in the Army Reserve
- You must have applied for and be capable of employment in a post approved by an Army Reserve unit CO
- You must be Medically Fully Deployable (MFD) or Medically Limited Deployable (MLD)
Incentive payments for new entrants
You will get these extra payments on top of your tax-free bounty (paid on meeting your annual minimum commitment) and your Army Reserve salary:
- £300 when you’re accepted on to training
- £1,000 when you complete your Phase 1 training
- £1,000 when you complete your Phase 2 training
Source: MoD Army website - Army Reserve - Are there any financial incentives?
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