Posted on 12/24/2013 6:25:34 AM PST by Zakeet
With veterans' groups fighting against cuts in military pensions, the Associated Press (AP) is out with a story suggesting that in light of active duty military pay, healthcare, and "quality of life" benefits, retiring military personnel should be able to the weather the cuts that Congressman Paul Ryan (R-WI) has pushed through.
According to the AP, "compensation" for active duty military "is competitive with the private sector."
They try to bolster this point by showing that "an Army private with fewer than two years of service and no dependents earns on average about $40,000 annually." Later in the paragraph they clarify that the $40,000 is not all salary--only two thirds of it is. The other third is food and housing allowance.
So these privates are only getting about $33,000 a year to go overseas and become targets for Al Qaeda and other terrorists groups, but it is still okay to cut their pensions?
(Excerpt) Read more at breitbart.com ...
It should simply be illegal to change the conditions of support and pension to something other than what was agreed to at the time of signing the contract. And if conditions change, the take effect after that contract is fulfilled, and the previous conditions are effective for that period of employment.
You know, just like everyone else.
Some thing like this: ^&^%$#^*())*(&^$#!@!#$@#$%%^^
Today’s military is hostile to Christians and conservatives. The high echelons were purged long ago.
Unfortunately because of the unsustainable effects of defined benefit versus defined contribution plans, that is an impossibility and politicians who didn’t know much about economics are the parties to blame, but change they must or the result will be far worse. After total collapse or bankruptcy what will remain is NO benefit.
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