Avatar feed
Responses: 5
LTC Stephen F.
3
3
0
SFC Joe S. Davis Jr., MSM, DSL I like the concept to raise the current cap on government contributions to individual investment accounts to 6 percent of basic pay. Current law limits that to 5 percent.
I dislike the concept of delaying contributions for junior troops to their 5th year of military service. The Pentagon wants to delay the start of government matching contributions to individual investment accounts until troops reach their fifth year of military service. That is well beyond a typical vesting requirement which would be no more than two years. Waiting until the 5th year virtually ensures that all soldiers would be required to reenlist before they became eligible.
(3)
Comment
(0)
Avatar small
SP5 Mark Kuzinski
3
3
0
Thanks for the post.
(3)
Comment
(0)
SFC Joe S. Davis Jr., MSM, DSL
SFC Joe S. Davis Jr., MSM, DSL
>1 y
SP5 Mark Kuzinski its always great to stay up on current events in our military.
(1)
Reply
(0)
Avatar small
SSgt Mark Lines
2
2
0
Thank you for sharing this information. All I can say is, what a mess.
(2)
Comment
(0)
Avatar small

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

close