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A vice admiral or lieutenant general could only receive a tombstone promotion to four-star admiral or general if he still held a three-star job when he retired, so when Marine Corps lieutenant general Oliver P. Smith was abruptly ordered to relinquish his three-star command on September 1, 1955, and revert to major general for the two months ...
Nominations for this award reflect superior service, achievement or heroism of a higher degree than that recognized by the Meritorious Civilian Service Award. Employees who have shown excellent performance through the previous receipt of honorary or monetary performance awards, can be considered for this award.
Beginning in the 1980s, the Legion of Merit began to be awarded more frequently to senior-ranking warrant officers (W-4 and W-5), as well as to senior enlisted service members (E-8 and E-9), usually as a retirement award. When not awarded as a retirement award, it is most commonly awarded to officers in pay grade O-6 and higher.
4. Prepare for Tax Changes. Taxes, particularly income taxes, are going to change during your retirement. Your income may reduce, or come from different sources, but you still need to pay taxes.
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Cash awards range from $25 to $25,000, depending on the achievement being recognized. (An additional award exceeding $25,000 may be approved at the direction of the President.) On-the-Spot Cash Award – The OTS cash award is a small SASA ($25 to $500) which may be given by a supervisor for day to day accomplishments of subordinate employees.
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