If you take the amount they paid and simply attribute interest to it ~ that pretty much covers anything they're ever going to pay back as a retirement annuity.
Congress is covered by the same system.
BTW, Postal employees are also covered by the same systems BUT their agency pays an additional sum into the government retirement system that other agencies are required to pay ~ but they don't. Currently USPS is about $98 billion AHEAD of any possible need ~
Right on, Muawiyah.
Federal retirement is not a huge issue, even though military retirement does need reform in order to be sustainable. Senators McCain et al have called for transitioning military retirement for new service members to a hybrid pension-401(k) system, similar to the FERS system that covers almost all federal civilian employees.
Except, congress spent that money too. USPS has got the same thing as everyone else, empty promises from congress.
It appears that federal retirement looks very different from opposite ends of the money.