R 181135Z DEC 01
FM CMC WASHINGTON DC//MP//
TO MARADMIN
BT
UNCLAS //N07220//
MARADMIN 623/01
MSGID/GENADMIN/CMC WASHINGTON DC/MPO-40//
SUBJ/SAVINGS DEPOSIT PROGRAM (SDP) FOR OPERATION ENDURING FREEDOM//
REF/A/DOC/ASD FMP MEMO/26NOV2001//
REF/B/DOC/DODFMR VOL 7A, CHAPTER 51//
NARR/REF A AUTHORIZES THE SDP FOR MEMBERS SERVING IN SUPPORT OF
OPERATION ENDURING FREEDOM. REF B IS THE GOVERNING INSTRUCTION
FOR SDP.//
POC/A.J. GILMORE/MAJ/COML:(703)784-9388/DSN 278-9388//
RMKS/1. THIS MARADMIN ANNOUNCES AUTHORIZATION OF THE SDP FOR
MEMBERS SERVING IN SUPPORT OF OPERATION ENDURING FREEDOM. EFFECTIVE
1 NOV 01, ANY MEMBER ASSIGNED TO OPERATION ENDURING FREEDOM IS
ELIGIBLE TO PARTICIPATE IN THE SDP. EACH MEMBER MUST HAVE SERVED
FOR AT LEAST 30 CONSECUTIVE DAYS OR AT LEAST ONE DAY IN EACH OF THE
THREE CONSECUTIVE MONTHS IN THE AREA OF OPERATIONS CONSISTING OF THE
TOTAL LAND AREA OF AFGHANISTAN, PAKISTAN, KAZAKHSTAN, KYRGYZSTAN,
TAJIKISTAN, TURKMENISTAN, AND UZBEKISTAN, THE WATERS CONSISTING OF
THE RED SEA, GULF OF ADEN, GULF OF OMAN, AND ARABIAN SEA (PORTION
NORTH OF 10 DEGREES NORTH LATITUDE AND WEST OF 68 DEGREES EAST
LONGITUDE), OR IN THE AIR SPACE THERE OVER.
2. SDP ALLOWS MEMBERS TO EARN TEN PERCENT INTEREST PER YEAR,
COMPOUNDED QUARTERLY (2.5% PER QUARTER). THE MAXIMUM AMOUNT THAT
MAY BE DEPOSITED IS $10,000.
3. REF B IS IN THE PROCESS OF BEING UPDATED AND, UNTIL FINAL
REVISION IS PUBLISHED, REMAINS THE GOVERNING REGULATION, EXCEPT AS
NOTED ABOVE.
4. MCTFS REPORTING INSTRUCTIONS, REQUIREMENTS AND OTHER
ADMINISTRATIVE DETAILS WILL BE PUBLISHED BY DFAS-PMMP/KC PAAN
/RPAAN MESSAGE.//
BT