What does the abbreviation CP specifically stand for in the context of military pay entitlements?

In the context of military pay entitlements, the abbreviation CP specifically stands for Continuation Pay. This type of pay is often provided to service members as an incentive for them to continue their service beyond their initial commitment. For example, Continuation Pay is particularly associated with programs such as the Blended Retirement System, where it is offered to encourage certain service members to remain in active duty or selected reserve for a specified period in exchange for the bonuses provided. Continuation Pay helps to ensure retention in critical roles while recognizing the dedication of service members to their ongoing commitments. This incentive highlights the military's focus on career progression and stability for its personnel.