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nightfall
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Military (Navy) Question
Reply With Quote   #1

I was told (by a Chief) that you can request seperation for acquiring a large amount of money in a short period (in the neighborhood of $300,000+) because it is considered a "financial hardship". I know people get out if they win the lottery.

I was wondering if anyone had any info about this or could direct me to somewhere I could find out more.


Biggwin
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re: Military (Navy) Question
Reply With Quote   #2

I have no helpful suggestions and have heard the same type of thing.

But is there some good news?


gothera
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re: Military (Navy) Question
Reply With Quote   #3

at for the army i think you have to have 250k in there for 3 or 4 months to get out for it, its a your too valuable to be in combat thing. talk to your jag office if you really wanta find out


Sillis
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re: Military (Navy) Question
Reply With Quote   #4

Yep. Military legal issues = talk to your JAG office. If you do not believe them for some reason, contact a local lawyer near a base and ask. Most do a "free" 30 minute consult now-a-days.


Kinare
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re: Military (Navy) Question
Reply With Quote   #5

This is true. My husband used to be in the Navy and the guys were sitting around talking about how to get out without a dishonorable (or other than honorable) discharge. They got around to talking about this way to get out.

Turns out one of the guys had inherited a ton of money and left the Navy. Another guy got a lot of money from the stock market in the early 1990s.

The excuse is its a financial hardship because you have to "manage your estate."

Hubby didn't see this stuff first hand, but he heard it from other guys so I don't know how true this is.


Daton Everon
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Re: Military (Navy) Question
Reply With Quote   #6

nightfall said:
in the neighborhood of $300,000+
I could tell you the answer to your question for a fee. ^^^^^^


Lenilya
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re: Military (Navy) Question
Reply With Quote   #7

The real reason is that, with such a sum, you're more inclined to not take orders as well.

"Swab what? I don't think so Sir! I own you!"


Shotoif
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re: Military (Navy) Question
Reply With Quote   #8

I have heard such things as well. From what I have heard is you have to have a certain amount of funds. Then you have to buy out the remaining time of your contract. All rumors IMO though. I have never looked into it because I don't have the cash.



...but if you release an expansion and the end game is not in game yet,
then that isn't a bug it's a developmental failure......
Kyppevaz
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re: Military (Navy) Question
Reply With Quote   #9

Aye, the real reason is that if you got money they can't hurt you. I.E. if you get in trouble and get 45/45 1/2 months pay time 2 for screwing up how worried about it are you going to be if you still have a million dollars in the bank?

I'm not sure on the exact ammount but a guy I went to "C" school with got somewhere around a million as part of an inheritance that required him to be in the Navy. And he had to fight to stay in (only did it cuz he got something retarded like another 5 million to get an honorable discharge).

In any case my 6 years are almost up so it really doesnt matter to me


Barrister
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re: Military (Navy) Question
Reply With Quote   #10

Pretty sur eit's true, while I was in Army basic, a drill sergeant won the lottery. gave it all to his mother so he could stay in.


Caowyth
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re: Military (Navy) Question
Reply With Quote   #11

Looking around, it appears this type of discharge is covered under 'Convenience of Government'.

It's an honorable discharge which is a bit of a catch all/easy out for the government.

HCCG


Boddi The Ranger
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re: Military (Navy) Question
Reply With Quote   #12

I've seen this happen 4 times in my 13 years in the Navy. Least amount of money any of those guys had was about 1.5 meeeeellion dollars. Part of the reason you get out is that they can't hurt you if you mess up, and part of it (the legalspeak) is that you're getting out because taking care of your assets is considered a job too and would distract you from your Navy job. Guess that's what they told one of my friends that got out on this, guess they're not aware of these people called "investment analysts". Good old USN!



"I want you to hit me as hard as you can........"
Meddik
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re: Military (Navy) Question
Reply With Quote   #13

Thats it, I'm joining the Military. Sounds like it will increase my chances of winning the lottery.


Boddi The Ranger
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re: Military (Navy) Question
Reply With Quote   #14

Hasn't worked for me yet.


Dragynphyre
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re: Military (Navy) Question
Reply With Quote   #15

68 Rogue LFSD!

(looking for sugar daddy)



World of Warcraft: Delissandra - Blood Elf Rogue (retired) - Feathermoon
EverQuest: Delissandra Splitshadow - 75 Rogue (retired) - The Rathe
City of Heroes: Splitshadow - Scrapper (retired) - Victory
Meddik
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re: Military (Navy) Question
Reply With Quote   #16

68?

How many @#$% levels does EQ have these days anyway?

I left at 51/60, and let me tell you the last 10 of those were a slow motion grind. I can't imagine how slow 52-70 or so would be.


ShadowCross
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re: Military (Navy) Question
Reply With Quote   #17

70 - and about 1100 AAs for rogue.

But 61-70 isn't that bad.. and the level increases were in 5-level steps over the course of 2 years.. wasn't too bad.


Bubbalotski
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re: Military (Navy) Question
Reply With Quote   #18

Army JAG here and I would bet my paycheck that it is not true. I would seriously doubt that any provision if it existed would have a dollar figure.

No such provision exists in the Army. We do have secretarial authority provision that requires some Undersecretary of the Army to buy off on that can be for most anything. These are very rare and hard to come by -at least in the Army.

My guess is that you have to stay the course unless you can find a legitimate way to cut your service short.

In the Army you could always eat your way out of the Army and fail PT tests, but if the command thinks you are doing it on purpose, they just won't approve the chapter.

B


Bubbalotski
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Re: re: Military (Navy) Question
Reply With Quote   #19

Kyppevaz said:
Aye, the real reason is that if you got money they can't hurt you. I.E. if you get in trouble and get 45/45 1/2 months pay time 2 for screwing up how worried about it are you going to be if you still have a million dollars in the bank?
Yeah but there is always that "fine" part of the court-martial and confinement if one fails to pay the fine.

If someone tells a commander that he can't make him do something because he does not care about his pay, then they may just skip the old Article 15/Captains Mast and go straight to C-M.

B


nightfall
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re: Military (Navy) Question
Reply With Quote   #20

Thanks for the feedback guys. Looks like I might have to see about talking to a career financial advisor or stop by legal.




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