Final answer:
To be eligible for a Selective Re-enlistment Bonus in the Navy, one must complete at least 36 months of continuous active Navy service. This bonus is part of the financial incentives to retain skilled sailors in critical areas, alongside other benefits such as pensions upon retirement after 20 years of service.
Step-by-step explanation:
To be eligible for a Selective Re-enlistment Bonus (SRB) in the Navy, one must complete a minimum of 36 months continuous active Navy service. The SRB is a financial incentive offered to sailors who re-enlist in areas of the Navy that are considered critical or hard-to-fill. This bonus not only recognizes the valuable experience and expertise of service members but also aims to retain skilled personnel within the Navy. Receiving an SRB allows a sailor to benefit from increased pay, which is an integral part of the financial rewards of a Navy career.
In addition to the monetary benefits such as the SRB and basic pay, a career in the Navy offers various other advantages. For instance, after 20 years of service, sailors have the opportunity to retire with benefits in the Naval Reserve and might receive a pension, which may include basic pay plus additional allowances if they are disabled. The Navy also provides avenues for personal and professional development, such as the chance for 100 men annually to attend the United States Naval Academy at Annapolis to become officers.