Smell testing...what is the retirement pay for a full colonel after 30 years? I don’t know, but I suspect I could live pretty well on it. Is sleeping in a van a CHOICE?
Of course the bottom line of the article is to show how poorly the economy is doing, but it does raise questions.
Read the article and the other responses on the thread. His pension is being eaten up by legal obligations to his ex and kids.
RE: what is the retirement pay for a full colonel after 30 years? I don’t know, but I suspect I could live pretty well on it. Is sleeping in a van a CHOICE?
Here’s the Armed Forces retirement calculator
http://militarypay.defense.gov/mpcalcs/Calculators/compare.aspx
For reference:
http://military.answers.com/military-benefits/retirement-pay-for-a-colonel-in-the-u-s-military
If a colonel has 30 years, his or her base salary is $10,736.70 per month. If he or she has 20 years, the monthly base salary would be $9,529.80. If the colonel has been in service for less than two years, the base salary is $6,064.80.