The U.S. Air Force wants to keep hundreds of experienced fighter pilots, so it is offering up to $225,000 in retention bonuses, according to media reports.
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Get Your Report Now!Under the Aviator Retention Pay program, bonuses will go to those willing to sign on for another 9 years. The bonuses will be paid in annual increments, with some officers eligible to receive up to 50 percent of the bonus upfront minus taxes.
While this may seem surprising in a period of military financial cutbacks, it may actually be a money saver.
“The purpose of the program is to retain highly qualified aircrew members at a fraction of the cost incurred to train new rated officers, said Air Force Rated Force Policy-Mobility Forces Chief Lt. Col. Stuart Rubio, in a release by the Air Force Personnel Center Public Affairs.