scope:

Applicability and Scope. Provisions of this instruction apply to all Navy Active Component (AC) and Reserve Component (RC) commands and personnel, permanent detachments, and departments. Navy civilian employees serving at duty stations outside the continental United States (OCONUS) are also included under some provisions of this instruction. AC and RC personnel of other DoD components and United State

Purpose. To publish United States Navy policy and assign responsibilities for the implementation of the personal financial management program as a core service of the Navy family readiness system.

a. Major changes are summarized in subparagraphs 1a(1) through 1a(4).

(1) Incorporated command and staff responsibilities into the body of the instruction.

(2) Added and defined the four Department of Defense (DoD) financial readiness pillars.

(3) Updated command financial specialist designation policy to reflect E5s over 6 years of service no longer need a waiver for the position.

(4) Expanded the core personal financial management subjects.

b. This instruction is a complete revision and should be reviewed in its entirety.