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Military.com    Military.com Forums  Hop To Forum Categories  Military Life, Spouses and Community  Hop To Forums  Military 101: Back to Basics    To much money for the military?

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To much money for the military?
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AE2_Tallboy
New Member
posted
So the debate has been held over and over again in my shop and I cannot find a reference to help me. We have all heard that if you have, win, or acquire to much money, you can seperate from the military. Whilst the reasoning seems sane, my question is, is it anywhere in writing?? What is the amount? How do I find the answer to this question??!!
 
Posts: 136 | Registered: Wed 10 October 2007Reply With QuoteEdit or Delete MessageReport This Post IP
Dave_M
Lead Moderator, Veterans Issues & Education

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I know if you get into too much debt you can be separated, but have never heard too much wealth. John F. Kennedy was a very wealthy man when he became a Naval Officer. Is this you can separate or you will be separated?
 
Posts: 18981 | Registered: Sun 14 January 2007Reply With QuoteEdit or Delete MessageReport This Post IP
Ignored post by Dave_M posted Show Post
Mrsjvb



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it's not really any where in writing. but we are talking Millions of dollars to have a remote chance.

it falls under the Convenience of the Military catch all clause. it may also be possible if say your father owns a business and becomes incapacitated and there is no one else who can step up and run things.


There can be no freedom without sacrifice
 
Posts: 19355 | Registered: Mon 04 August 2003Reply With QuoteEdit or Delete MessageReport This Post IP
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catherine0830
Lead Mod Navy and Recconect America Forums
catherine0830@msn.com
Democracy will survive until the government figures out it can bribe the people with their own money.
posted Hide Post
quote:
t falls under the Convenience of the Military catch all clause.


yup.

I know someone who got out under it. she recieved a HUGE settlement in a lawsuit. (like 30 million-its a sad story, really, as to where the money came from) and the Navy let her go.
 
Posts: 11725 | Registered: Wed 13 April 2005Reply With QuoteEdit or Delete MessageReport This Post IP
Ignored post by catherine0830 posted Show Post
Dave_M
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My Columbus dentist was let out early when his father died suddenly, so he could take over the practice. Another sad story.
 
Posts: 18981 | Registered: Sun 14 January 2007Reply With QuoteEdit or Delete MessageReport This Post IP
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Soko_Cat
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It is considered a conflict of interest. If someone suddenly comes into a lot of money they have many personal items to attend to, and they can't dedicate themselves to their affairs and their duties. Also, other soldiers become resentful of their status. The Beneficiary themselves no longer have the time or the heart to be a full time soldier. The military allows them to get out of the military, but they aren't forced out. It is the same with family hardship cases. A soldier has to be able to focus on their job 100%.
 
Posts: 1 | Registered: Tue 10 June 2008Reply With QuoteEdit or Delete MessageReport This Post IP
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