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| Joined: | Mon Jun 19th, 2006 |
| Location: | Santee, California USA |
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Proposed Changes to Military Retirement Benefits
The military retirement system is one of the most loved – and valuable – benefits available to military members. It is unique in many ways, and one of the few retirement plans in the US which starts paying beneficiaries immediately upon retirement without a standard waiting period or age limit.
Unfortunately, it is also a target by cost-conscious members of the government who are looking for ways to decrease the military budget and cut costs over the next few decades. Because of the high cost of the military retirement system, the Defense Business Board which was tasked with studying the military retirement system and making recommendations on how the government can save money on the military retirement system in the coming decades
http://themilitarywallet.com/changes-to-military-retirement-plan-benefits/
This highlights the cost problem with a large standing military. The non-military bean counters will always be trying to find ways to lower the cost of the military and the services themselves really don't care about what happens to retirees.
____________________
MGySgt USMC
(Ret)
Note: No trees were killed in the sending of this message, but a large number of electrons were terribly inconvenienced.
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