Posted on Apr 20, 2017
Should Congress start charging troops for their GI Bill benefits?
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Why is it that when the government wants to cut back on defense spending, they go after the smallest wedge in the pie? They cut service members pay, benefits and commissary/exchange benefits. If you want to save big money, go after the waste, fraud and abuse in the military contracting world. It's like trying to save $1000 with pennies, when you have $20 bills lying around.
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When I joined, we had to pay in $100 per month for a year to get $36K (at the time I got out). I think this goes to help making the system sustainable. Even as an E-1 I never missed that money because I never saw it. For those who say it will create a burden, I and many other are living proof that it does not.
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SGT Matthew S.
I want to say that I only had to pay $1,200 in to the program when I went in, and it was one of the best investments I ever made. As you said, I never even missed the money.
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SGT David T.
SGT Matthew S. - Agreed. I got $36K plus 1 year of post 9/11 so it was a great investment. I earned a degree and was picked up as a DA civilian 2 months after graduation. Worth every penny.
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Seems to be in line with all other charging troops for things that they were promised. Does medical care come to mind? Do I agree with it, no, but seems to be reality these days.
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Ive posted this in several other threads,
"In all honesty, we as active duty, veterans and retirees need to stop having the knee jerk reaction of disagreeing with any proposal that impacts servicemembers no matter how reasonable. There is precedent for this in the Montgomery GI Bill. The benefits that are reaped are much higher than the Montgomery GI Bill. They allow tranfer to family members.
When you have an all volunteer force (even in wartime) sometimes you offer incentives to reach desired recruiting goals. When the need for recruiting diminishes you remove or lessen the incentive. The Post 9/11 GI Bill is a fantastic deal/opportunity, at $2400 it is a fantastic deal/opportunity. Let's save our silver bullets for the important fights."
When I entered the service in 1990, I was required to pay $100 a month for 12 months for the GI Bill. I made less than half what an E-1 makes today. Additionally, if a new member maximizes their (6%) TSP contribution, they will get most of that contribution bake in their longterm savings.
"In all honesty, we as active duty, veterans and retirees need to stop having the knee jerk reaction of disagreeing with any proposal that impacts servicemembers no matter how reasonable. There is precedent for this in the Montgomery GI Bill. The benefits that are reaped are much higher than the Montgomery GI Bill. They allow tranfer to family members.
When you have an all volunteer force (even in wartime) sometimes you offer incentives to reach desired recruiting goals. When the need for recruiting diminishes you remove or lessen the incentive. The Post 9/11 GI Bill is a fantastic deal/opportunity, at $2400 it is a fantastic deal/opportunity. Let's save our silver bullets for the important fights."
When I entered the service in 1990, I was required to pay $100 a month for 12 months for the GI Bill. I made less than half what an E-1 makes today. Additionally, if a new member maximizes their (6%) TSP contribution, they will get most of that contribution bake in their longterm savings.
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LTC Stephen B.
The $100 per month when I came in in 1986 would be just shy of $220 in 2016. YMMV.
http://www.in2013dollars.com/1986-dollars-in-2016
http://www.in2013dollars.com/1986-dollars-in-2016
1986 dollars in 2016 | Inflation Calculator
US inflation calculator. Between 1986 and 2016, $100 saw inflation at an average rate of 2.65% per year.
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LTC Stephen B.
An E-1 over 4 mos earned $620.40 in 1986, so paid almost 1/6th of their monthly BP, the $1,200 would have been almost 2 months pay. An E1 over 4 mos in 2017 earns $1,599.90. The 100 per month is 1/16th, and the $2,400 total would be 1 1/2 months BP. And the program now, before the proposed new enhancements, is already far better than the MGIB.
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Nope.
Our enlisted services members do not earn enough now.
The higher ranks where you can earn a wage above poverty then sure.
Our enlisted services members do not earn enough now.
The higher ranks where you can earn a wage above poverty then sure.
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MSgt Ken "Airsoldier" Collins-Hardy
PO3 James Deitz – Thanks for responding...please be sure to connect!
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This is not something new. Service members were paying in for both Chapter 30, Montgomery GI Bill and Chapter 34, VEAP. The return on investment for $2,400 is huge, and it gives you a vested interest in actually using the benefits by paying into them. By starting it as soon as you enlist or are commissioned, you barely notice it because you never see it until it is paid off.
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I was told they are toying with this idea to get what most military members want. And that is to get paid between breaks in semesters. Would you not want to chip in a little to get back a lot later. I think that would be a wise investment. Nothing is free
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MSgt Ken "Airsoldier" Collins-Hardy
SFC Jason Sakowski – I tend to agree, Jason; however, I ponder 2 things: 1) the real value of money; and 2) precedence lawmakers have set with Social Security. Fool me once.... Your reaction, Sir?
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GySgt Bill Smith
MSgt Ken "Airsoldier" Collins-Hardy - You could also look at as, if a military member invest their own money they might have more reason to use it. Any establishment that promises something and then backs out is corrupt, it would not be the fist time the government did it. http://www.ushistory.org/us/48c.asp
The Bonus March [ushistory.org]
The Bonus March
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No. I too paid my 1,200 for the MGIB, which was a no-brainer at the time, but I see no valid reason to roll back any benefits our troops are now receiving. In fact, I'd love it if Congress would include in their budget a provision requiring that pay is raised across the board every time military spending is increased. I find it sickening that we have no problem shovelling increasingly larger stacks of cash towards defense contractors while keeping our service members one step above the poverty line.
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Honestly, no. Let those that elect to go to college after the service have the money taken out.
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MSgt Ken "Airsoldier" Collins-Hardy only if it starts for future servicemembers. Not to be "oh I got mine". It is a matter of if you made the promise to those currently serving them you fulfill that. If you change put it like the new retirement so it is a new agreement with the incoming servicemembers so they know what to expect and are agreeing to.
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MSgt Ken "Airsoldier" Collins-Hardy
MAJ Brian Maurelli – Thanks for responding, Sir. Pls be sure to connect!
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