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Well, the latest and biggest hype going around the college today goes as follows:
Supposedly, if one was in the Res. F before becoming an OCdt and transfering to Reg. F to come to RMC, one is now entitled to the balance of money one would have made if still a reservist.
It supposedly all started with a 1st year who found this amazing clause. He was apparently in the reserves for 4 days before transfering to Reg F, and now here at RMC, he's supposed to (if not already gotten) get a cheque of approx $20, 000 or close to it. The avg. amt's I heard ppl getting is around the $30, 000 range, but and 4th year who lives downstairs from me was a MCpl in Res, and now he;s in 4th year, so with the retroactivity, he's calcuated to rcv. approx. $100,000, while a 3rd year near him is rcving around $85, 000.
While I don't blame anyone for happily accpeting the money ,b.c who wouldn't, some of us find it a little odd.
The theory is as a member of the CF, your pay should never be decreased (unless demoted), so transfering between components should not decrease pay.
What's hard to wrap my head around is, if one is not doing PTE work anymore, and is doing OCdt work (which at RMC, is jsut school work), then why deserve PTE pay, etc for other ranks and cimcumstances.
When we signed our contracts, I though anyone who signed agreed that, yes, they will be an officer cadet, accepting the crap that comes with it, for 4 years, including pay...?
While it's true the UTPNCM's remain at their pay grade from their NCM rank, the differince is in their title itself...they're UTPNCMs, not ROTP officers, meaning they have families, lines of credit, etc, etc to pay.
Obviously, ppl here are estatic over this... I mean, who wouldn;t be. After the first person got his approval, and told his buds, it spread around like wildfire, and now every former reservist here is cashing in.
My biggest question is, where is all this money gonig to come from? All we ever hear is how there's not enough money for this and that.
Guess I shouldn;t have wasted all my time in cadets, or I'd be $30,000 richer right now, jsut like that :-\
Supposedly, if one was in the Res. F before becoming an OCdt and transfering to Reg. F to come to RMC, one is now entitled to the balance of money one would have made if still a reservist.
It supposedly all started with a 1st year who found this amazing clause. He was apparently in the reserves for 4 days before transfering to Reg F, and now here at RMC, he's supposed to (if not already gotten) get a cheque of approx $20, 000 or close to it. The avg. amt's I heard ppl getting is around the $30, 000 range, but and 4th year who lives downstairs from me was a MCpl in Res, and now he;s in 4th year, so with the retroactivity, he's calcuated to rcv. approx. $100,000, while a 3rd year near him is rcving around $85, 000.
While I don't blame anyone for happily accpeting the money ,b.c who wouldn't, some of us find it a little odd.
The theory is as a member of the CF, your pay should never be decreased (unless demoted), so transfering between components should not decrease pay.
What's hard to wrap my head around is, if one is not doing PTE work anymore, and is doing OCdt work (which at RMC, is jsut school work), then why deserve PTE pay, etc for other ranks and cimcumstances.
When we signed our contracts, I though anyone who signed agreed that, yes, they will be an officer cadet, accepting the crap that comes with it, for 4 years, including pay...?
While it's true the UTPNCM's remain at their pay grade from their NCM rank, the differince is in their title itself...they're UTPNCMs, not ROTP officers, meaning they have families, lines of credit, etc, etc to pay.
Obviously, ppl here are estatic over this... I mean, who wouldn;t be. After the first person got his approval, and told his buds, it spread around like wildfire, and now every former reservist here is cashing in.
My biggest question is, where is all this money gonig to come from? All we ever hear is how there's not enough money for this and that.
Guess I shouldn;t have wasted all my time in cadets, or I'd be $30,000 richer right now, jsut like that :-\