Posted on Mar 7, 2014
MSG Career Counselor
7.97K
6
4
1
1
0
<p style="font-size: 12px; font-family: Calibri; min-height: 14px;"><br></p>
<p style="font-size: 14px; font-family: Calibri;"><span style="font-size: 12px;">&nbsp;Proposed p</span>lan would shrink pension payments later, but give more cash up front&nbsp;</p><p style="font-size: 14px; font-family: Calibri;"><br></p><p style="font-size: 14px; font-family: Calibri;">http://www.usatoday.com/story/news/nation/2014/03/06/pentagon-unveils-proposal-for-pension-changes/6147869/<br></p><p style="font-size: 14px; font-family: Calibri;"><br></p><p style="font-size: 14px; font-family: Calibri;">http://www.militarytimes.com/article/20140306/SPECIAL14/303060030/Exclusive-DoD-proposes-revolutionary-changes-retirement-benefits<br></p><p style="font-size: 14px; font-family: Calibri;"><br></p><div class="pta-link-card"><div class="pta-link-card-picture"><img src="http://www.militarytimes.com/graphics/ody/alticon.png"></div><div class="pta-link-card-content"><div class="pta-link-card-title"><a target="_blank" href="http://www.militarytimes.com/article/20140306/SPECIAL14/303060030/Exclusive-DoD-proposes-revolutionary-changes-retirement-benefits">Exclusive: DoD proposes revolutionary changes in retirement benefits</a></div><div class="pta-link-card-description">
After years of silence on the intensely controversial issue of military retirement reform, the Pentagon on Thursday unveiled a detailed proposal for fundamental, far-reaching changes to the current ...</div></div><div style="clear:both"></div><div class="pta-box-hide"><i class="icon-remove"></i></div></div><div class="pta-link-card"><div class="pta-link-card-picture"><img src="http://www.gannett-cdn.com/-mm-/07bdbb56c1b6b43fec35c5446de8c94486dcc69e/c=151-0-4015-2906&amp;r=x117&amp;c=155x114/local/-/media/USATODAY/USATODAY/2014/03/06// [login to see] 00-XXX-XXX-XXX-A02-PENTAGON-08-62398233.JPG"></div><div class="pta-link-card-content"><div class="pta-link-card-title"><a target="_blank" href="http://www.usatoday.com/story/news/nation/2014/03/06/pentagon-unveils-proposal-for-pension-changes/6147869/">Pentagon proposal would overhaul military pensions</a></div><div class="pta-link-card-description">The Pentagon on Thursday unveiled a detailed proposal for fundamental, far-reaching changes to its current pension system.</div></div><div style="clear:both"></div><div class="pta-box-hide"><i class="icon-remove"></i></div></div>
Posted in these groups: Retirement logo RetirementMain benefits 1335181026 Benefits
Edited 10 y ago
Avatar feed
Responses: 2
LTC Program Manager
3
3
0
I have mixed feelings. The current system is great if you make 20 but it's all or nothing. I like the flexibility of the proposed system for force management and retention but everyone in now should be grandfathered.
(3)
Comment
(0)
1SG Steven Stankovich
1SG Steven Stankovich
10 y
I agree sir.  There should be a "grandfather clause."  I've been in over 20 and it seems like every time I turn around, there is another change to retirement going on.  It's tough to keep up...
(1)
Reply
(0)
SFC Operations Sergeant
SFC (Join to see)
10 y

It would be unjust for Soldiers not to be grandfathered in. Especially when people joined thinking they were going to have certian entitlements upon retirement. It would be a smack in the face. If everything else has been exhausted and the DOD has to make changes to pay and benefits, I think bridging the gaps between officer and enlisted pay is a good place to start.

 

(0)
Reply
(0)
Avatar small
MSG Career Counselor
0
0
0
What are your opinions about the proposed changes?
(0)
Comment
(0)
Avatar small

Join nearly 2 million former and current members of the US military, just like you.

close