14 U.S.C. § 2319: Critical skill training bonus

Summary

The Secretary can give an enlisted member up to $20,000 as a bonus for finishing training in a skill the Secretary calls critical, as long as the member still has at least four years of required active duty left when the training is finished. The bonus may be paid all at once or in installments. If the member leaves early on their own or because of misconduct, the Secretary can require repayment of a prorated share of the bonus. The Secretary can charge interest on the amount repaid. The interest rate is set every quarter and equals 150 percent of the average yield on 91-day Treasury bills sold in the calendar quarter before the repayment is calculated.

Title 14, §2319

Coast Guard, Source: USLM XML via OLRC

(a)The Secretary may provide a bonus, not to exceed $20,000, to an enlisted member who completes training in a skill designated as critical, if at least four years of obligated active service remain on the member’s enlistment at the time the training is completed. A bonus under this section may be paid in a single lump sum or in periodic installments.

(b)If an enlisted member voluntarily or because of misconduct does not complete the member’s term of obligated active service, the Secretary may require the member to repay the United States, on a pro rata basis, all sums paid under this section. The Secretary may charge interest on the amount repaid at a rate, to be determined quarterly, equal to 150 percent of the average of the yields on the 91-day Treasury bills auctioned during the calendar quarter preceding the date on which the amount to be repaid is determined.

Editorial Notes

Amendments

2018—Pub. L. 115–282 renumbered section 374 of this title as this section.

§2319 Critical Skill Training Bonus

Summary

Title 14, §2319

Notes & Related Subsidiaries

Editorial Notes

Amendments

Citations & Metadata