This has always been one of those faint rumors that I've heard off and on, but never seen the reg (nor known *where* to find the reg) ---- If an officer were to win the lottery, inherit a large sum, or somehow make a lot of money, then would they be forced to resign their commission over conflict of interest concerns? Thank you.
2007-07-05 17:23:36 · 9 answers · asked by Dan 1 in Politics & Government ➔ Military
NO!!!!! You will never see such a regulation - because none exists. I am tired of hearing this baseless rumor spouted by know-nothing "experts" and "Sea Lawyers" who have no place answering military questions. Most of them have never served a single minute in the military. No one, officer or enlisted, can buy their way out of the military or be forced out due to financial windfall. Any military member can submit a request for anything. However, in this case their chances of having it approved are slim to none - and slim got killed a long time ago! Every military enlisted member is committed to serving a specified period of time. Upon completion of their obligated service an enlisted member will be discharged if they do not desire to continue their military career. Officers serve indefinitely at "The Pleasure of the President" and can request to resign their commission The last time anyone could legally "buy their way out of military service" was during the American Civil War (1861-1865) when the services of a substitute could be purchased. Officers and enlisted can be processed and discharged for negative financial problems - i.e. failure to honor just debt, bad checks, mishandling official funds, etc. But they will be never be discharged for positive financial situations. I had a Senior Chief Petty Officer working for me and he won a $4,000,000 state lottery and we sure didn't discharge him nor did he request to be. He opted to stay in for 8 more years and complete 30 years of service.
2007-07-05 18:32:27 · answer #1 · answered by cwomo 6 · 0⤊ 0⤋
It is not just officers enlisted are able also.
They are able to resigne from acitve duty and basically what is considered buy out their contract. They dont pay anything but they are able to get out. Because they are not a benfit to the military any longer and they sure dont need it.
There is also the part that if you make more then the president from outside income other then the military you can get a thing stating you are not a value or asset to the military due to the fact that you are really not all there.
If my hubby won the lottery sadly i think he would just stow it in a account and stay put for his enlistment.
2007-07-06 00:28:41 · answer #2 · answered by pandabr74 3 · 1⤊ 1⤋
Yes, this is true. In fact, this is one of the textbook examples given of this reg. Not sure where exactly it is, but it's 100% definitely there.
I specifically remember reading this many times, including in JROTC/ROTC, and when I read the title to the question i immediately thought of the lottery situation.
Try the forum on Military.com for the exact location of the reg.
2007-07-06 00:27:11 · answer #3 · answered by Anonymous · 0⤊ 1⤋
You are not forced out but there is something that allows you to get out if you do come into money.
A guy I was stationed with inherited money (a very large amount) from his grandfather and he choose to finish out his enlistment.
And a guy my husband is stationed with right now has nearly a million in the bank from real estate, but he's going to finish his 20.
2007-07-06 00:34:44 · answer #4 · answered by Just me 5 · 0⤊ 1⤋
No. My brother had to request twice before they allowed him to get out due to conflict of interest.
2007-07-06 01:16:46 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I have never heard of that before, and I have been conntected to the military as a dependant my entire life.
2007-07-06 00:26:27 · answer #6 · answered by Carol B 4 · 0⤊ 0⤋
Forced to? I'm fairly certain the answer is no.
Able to? I believe so.
We had an NCO that was a multi-millionaire in one of my units.
2007-07-06 00:30:12 · answer #7 · answered by John T 6 · 0⤊ 1⤋
Thank you CWOMO! I don't know where some of these people get their "facts", but you hit it right on the nail!
Saved me alot of typing.
2007-07-06 05:17:42 · answer #8 · answered by jonn449 6 · 0⤊ 0⤋
no. being officer has nothing to do with money . . in my opion?
2007-07-06 00:33:53 · answer #9 · answered by the_silverfoxx 7 · 0⤊ 0⤋