What's in your Wallet? --Your take on the proposed new retirement system... https://www.rallypoint.com/answers/what-s-in-your-wallet-your-take-on-the-proposed-new-retirement-system <div class="images-v2-count-0"></div>A new proposal offers a lump sum "transition" payment, followed by lower retirement checks. What's your opinion? <br /><br /><a target="_blank" href="http://www.militarytimes.com/story/military/benefits/retirement/2014/11/12/new-rand-retirement-report/18923279/">http://www.militarytimes.com/story/military/benefits/retirement/2014/11/12/new-rand-retirement-report/18923279/</a> <div class="pta-link-card answers-template-image type-default"> <div class="pta-link-card-picture"> <img src="https://d26horl2n8pviu.cloudfront.net/link_data_pictures/images/000/004/966/qrc/635514048891840009-1000955.jpg?1443026941"> </div> <div class="pta-link-card-content"> <p class="pta-link-card-title"> <a target="blank" href="http://www.militarytimes.com/story/military/benefits/retirement/2014/11/12/new-rand-retirement-report/18923279/">New military retirement system might be popular, study says</a> </p> <p class="pta-link-card-description">New Study finds military retirement system by promising smaller monthly pension checks but also giving troops a lump sum &quot;transition pay&quot; immediately upon retirement</p> </div> <div class="clearfix"></div> </div> Thu, 13 Nov 2014 09:02:31 -0500 What's in your Wallet? --Your take on the proposed new retirement system... https://www.rallypoint.com/answers/what-s-in-your-wallet-your-take-on-the-proposed-new-retirement-system <div class="images-v2-count-0"></div>A new proposal offers a lump sum "transition" payment, followed by lower retirement checks. What's your opinion? <br /><br /><a target="_blank" href="http://www.militarytimes.com/story/military/benefits/retirement/2014/11/12/new-rand-retirement-report/18923279/">http://www.militarytimes.com/story/military/benefits/retirement/2014/11/12/new-rand-retirement-report/18923279/</a> <div class="pta-link-card answers-template-image type-default"> <div class="pta-link-card-picture"> <img src="https://d26horl2n8pviu.cloudfront.net/link_data_pictures/images/000/004/966/qrc/635514048891840009-1000955.jpg?1443026941"> </div> <div class="pta-link-card-content"> <p class="pta-link-card-title"> <a target="blank" href="http://www.militarytimes.com/story/military/benefits/retirement/2014/11/12/new-rand-retirement-report/18923279/">New military retirement system might be popular, study says</a> </p> <p class="pta-link-card-description">New Study finds military retirement system by promising smaller monthly pension checks but also giving troops a lump sum &quot;transition pay&quot; immediately upon retirement</p> </div> <div class="clearfix"></div> </div> SGM Private RallyPoint Member Thu, 13 Nov 2014 09:02:31 -0500 2014-11-13T09:02:31-05:00 Response by SGM Private RallyPoint Member made Nov 13 at 2014 11:13 AM https://www.rallypoint.com/answers/what-s-in-your-wallet-your-take-on-the-proposed-new-retirement-system?n=325159&urlhash=325159 <div class="images-v2-count-0"></div>SMSgt Thomas...agree...however, whenever gov offers you a "deal' on retirement, you are likely losing something over time while the gov benefits. Maybe in this instance, that is a win-win for both . SGM Private RallyPoint Member Thu, 13 Nov 2014 11:13:51 -0500 2014-11-13T11:13:51-05:00 Response by MAJ Private RallyPoint Member made Nov 13 at 2014 12:02 PM https://www.rallypoint.com/answers/what-s-in-your-wallet-your-take-on-the-proposed-new-retirement-system?n=325212&urlhash=325212 <div class="images-v2-count-0"></div>The first problem is people continue to compare the military to civilian sector jobs but there is no comparison. The people who think this is a good idea are young kids who have no idea about finances. I don't know how people don't see that this will kill the long term retention efforts the Army is looking for. MAJ Private RallyPoint Member Thu, 13 Nov 2014 12:02:11 -0500 2014-11-13T12:02:11-05:00 2014-11-13T09:02:31-05:00