ESO - Post 9/11 GI Bill
Post 9/11 GI Bill
Congress gave the Defense Department broad authority to set the rules for transferring the benefits as a tool to induce retention or reenlistment in the Armed Forces including the National Guard and Reserves. The Post-9/11 GI Bill program begins on Aug. 1, 2009.
The transfer program will work as follows, assuming an individual has qualifying Post-9/11 service in the Armed Forces -- active duty or service in the Selected Reserve.
To be eligible to transfer to a spouse or child, a member must:
- Have served at least 6 years in the Armed Forces on the date of
election and agree to serve four additional years from that date; or
- Have at least 10 years of service in the Armed Forces on the date of election and be precluded from committing to four additional years by law or Service/DOD policy. For example, service members subject to high-year tenure rules and who have 10 years' service at the time of election would be eligible
- Members who are currently retirement eligible or who will become
retirement eligible during the period Aug. 1, 2009 through Aug. 1, 2012 can also qualify. "Retirement eligible" means completion of 20 years of active federal service or completion of 20 years' reserve service Here's how the program will work for various cohorts of retirement
- For those eligible to retire on or before Aug. 1, 2009, no additional service is required
- For those eligible for retirement after Aug. 1, 2009 and before July 1, 2010, one year additional service is required
- For those eligible for retirement after Aug. 1, 2010 and before July 1, 2011, two years' additional service is required
- For those eligible for retirement after Aug. 1, 2011 and before July 1, 2012, three years' additional service is required.
For more information on any ESO programs see LT Thayer
REF: ALCOAST 044/99 THE MOST IMPORTANT TAKE AWAY MESSAGE IS TO NOT MAKE SIGNIFICANT, UNALTERABLE CAREER CHOICES OR CHANGES TO COLLEGE SAVINGS PLANS FOR DEPENDENTS BASED SOLELY ON THE NEW POST-9/11 G.I. BILL UNTIL DETAILED GUIDANCE CAN BE FORMULATED AND PROMULGATED. IT IS HIGHLY RECOMMENDED THAT NEW ENTRANTS AND THOSE ELIGIBLE FOR THE MONTGOMERY G.I. BILL CONTINUE TO ENROLL. AS ADDITIONAL INFORMATION BECOMES AVAILABLE IT WILL BE PASSED VIA ALCOAST. YOU MAY ALSO KEEP UP TO DATE ON THE LATEST DEVELOPMENTS BY VISITING THE VA WEB SITE AT HTTP://WWW.VA.GOV.