CSB

Question 0

How many years must a mbr have to be given the option to elect CSB?

Answer 0

15 years of service

Question 1

What does CSB stand for?

Answer 1

Career Status Bonus

Question 2

How many months before the 15 year mark does the member get notification of CSB election?

Answer 2

6 months

Question 3

How much is the CSB & if selected what retirement plan do they get at 20 years?

Answer 3

$30k and MRRA retired pay system (REDUX)

Question 4

What form is used to make a selection for CSB?

Answer 4

CG PPC-2426

Question 5

When does mbr receive CSB?

Answer 5

Within 3 months of 15 year anniversary

Question 6

What month are installments paid, if elected?

Answer 6

January or anniversary date, which ever is sooner

Question 7

If mbr completes 20 years & elected CSB, what percentage of High-3 retirement do they get?

Answer 7

40%

Question 8

What percent of High-3 retirement does someone receive upon completing 30 years & electing CSB?

Answer 8

50%