Skip to comments.Retiree Benefits for the Military Could Face Cuts
Posted on 09/19/2011 8:12:18 PM PDT by Crazy ole coot
snip... By far the most contentious proposal circulating in Washington is from a Pentagon advisory panel, the Defense Business Board. It would make the military pension system, a defined benefit plan, more like a 401(k) plan under which the Pentagon would make contributions to a service members individual account; contributions by the troops themselves would be optional. Mr. Panetta has said that if adopted, the plan would not apply to current military personnel.
(Excerpt) Read more at nytimes.com ...
I think so too; if our leaders were all disciplined through such training and experience, we would have bypassed a lot of messy troublemakers, specifically Carter and Clinton and now Obama. McCain is a bit of a dolt, but being subjected to torture can mess you up pretty badly and I think his flip flopping is a habit learned in the torture chamber of Vietnam; kind of like adapting to situations in which you’re held as a captive.
I agree with you on McCain. Jimmah Cawtah was a Naval officer. I think that spending a year on the DMZ in Korea and a year in Vietnam or some current hot spots would make a valuable difference. It would certainly add respect for the troops.
Hopefully this news will keep the freaks (homos) out.
I sent this to my congressman and senators. I think it speaks for itself:
In considering any changes to the military retirement pay system, please remember that: a) we served a minimum of 20 years to qualify,
b) It starts at 40 - 50 % of base pay depending on date of enlistment, it’s based on service 24 days per week, 52 weeks per year with sacrifice to self and family.
To save money, you might want to think about restructuring the tax funded congressional, senatorial retirement system and healthcare systems. A twenty year requirement as opposed to a completed one term requirement would be more in line today’s working man. Scaling back on staff and tax paid travel would also be a step in the right direction. Finally, I think that a resolution on your part that all congressmen and senators whose net worth is over $250,000 demonstrate leadership and institute a voluntary payback to the government of 25% of government income over and above what you already pay.
In light of the current talk and murmurs coming out of the beltway, I think that you will see that is a more than fair beginning to address a problem where the taxpaying vet is being asked to make sacrifices. I suggest that this is an opportunity for you to make the sacrifices that you want us to make. What do you think?
My thoughts exactly.
Welfare??? Piss off, coot.
Welfare??? Piss off, coot.
I was NOT calling military retirement welfare. I am military retired and earned every penny I get in retirement. I was just relating what was in an article.
Place congress and the illegal president on welfare before military retires and social security people.
Sorry, missed the quote marks that would have told me that.
Let’s start will all civilian federal employees, including Congress and the White House, immediately shifting to 401K retirement plans FIRST.
CHECK out the recent post on the cuts...I just posted it under editorials. Also, read this on a blog .. can’t believe that these idiots don’t think that the military should be entitled to retirement after 20 years. Obviously, they have not served. Active duty isn’t going clocking in the morning and going home in the evening. Active duty is giving up your life for 20 years of being told where to live, when to work, and leaving your family for months on end. It’s 24/7/365 job. It’s not like any other job in the world. So many Military members have missed out on birthdays, anniversaries, births, and other life changing events. I don’t think there is a current Congress member that would leave their family for an entire year to do their job. But the military has to. There are so many sacrifices that a person makes for 20 years. After 20 years they deserve to rake in the benefits. So what if they double retire? If it’s such a great deal then why are only 13% doing it? Why not come up with a system that benefits everyone in the military? What’s wrong with promoting a contributory retirement plan in ADDITION to the 20 year retirement plan? And for those that have the “tougher” jobs, those that qualify for hazardous duty pay should be paid more based on the amount of years hazardous duty pay was earned. I always ask civilians that complain about how great the military retirement and benefits are “Well, why aren’t you in the military? Why don’t you join? Why don’t you encourage your kids to join?” They all want to complain about the “great perks”.....but they don’t want to give up their freedom of being able to punch that clock in the morning and being able to do whatever they want in the evening, weekends, holidays. They don’t want to miss out on life changing family events....but they still want to complain about how easy the Military Members have it after they retire. IDIOTS!!!
If govt spending isn’t cut to balance the budget, then military funding and retirement will get cut.