If you are or were a member of the armed forces, and reenlist, enlist, or voluntarily extend an enlistment in a combat or combat support skill of the Individual Ready Reserve (IRR) of an armed force for a period of three to six years beyond your obligation, you may be paid a bonus. A bonus may not be paid if you have failed to complete satisfactorily any original term of enlistment in the armed forces.
The amount of a bonus:
- May not exceed $3,000, in the case of a person who enlists for a period of six years; and
- May not exceed $1,500 in the case of a person who enlists for a period of three years.
A bonus paid may be paid in one of the following ways:
- $500 at the time of the reenlistment, enlistment, or extension of enlistment with the remainder paid in equal annual increments.
- In equal annual increments.
A person who receives a bonus payment and who fails to serve satisfactorily in the Individual Ready Reserve shall refund an amount according to the fraction of time that was not served satisfactorily.
