Results from the Fiscal Year 2012 Selective Early Retirement Board have been approved and notifications are complete, according to NAVADMIN 295/11, released Oct. 4.
Board results are posted for individual access through BUPERS online accounts. In accordance with ALNAV 061/11, officers selected for early retirement have also been notified by letter routed via their immediate superior in command.
The FY-12 Selective Early Retirement Board (SERB) reviewed the records of active duty unrestricted line captains and commanders who met eligibility criteria outlined in NAVADMIN 006/11.
Navy convened the SERB after high retention, reduction in officer billets and low attrition among senior active duty unrestricted line officers resulted in an excess. The board was used as a force management measure to balance the force and ensure sufficient senior officers are available at the right times in their careers to serve in critical fleet billets, according to the message.
Like the enlisted retention board and senior enlisted continuation board, SERB is a force-management tool to help the Navy meet its congressionally mandated end strength.
SERB complies with statutory requirements of Title 10, United States Code, Section 638 and conforms to Department of Defense Instruction 1332.32 and SECNAVINST 1420.1B as a means to manage officer strength excess.
Officers selected for early retirement are encouraged to participate in the Executive Transition Assistance Program.
[mappress] Source: navy, October 06, 2011