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B-Book 44: Do the Work by Steven Pressfield
The key message in this book: Often we stop dead in our tracks …

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Home » Military-Political, Money Matters

Are Military Pensions Too 'Generous'?

Submitted by on August 28, 2011 – 10:32 am No Comment
militaryretire

It sounds like a pretty good deal: Retire at age 38 after 20 years of work and get a monthly pension of half your salary for the rest of your life. All you have to do is join the military.

As the nation tightens its budget belt, the century-old military retirement system has come under attack as unaffordable, unfair to some who serve and overly generous compared with civilian benefits.

That very notion, laid out in a Pentagon-ordered study, sent a wave of fear and anger through the ranks of current and retired military members when it was reported in the news media this month.

Continue reading by clicking source link below…

Source: Military.com

My Comments:
Hmmm…I am honestly slightly conflicted by this…. I absolutely would agree with a 401k type solution with a few more additionals.  I think the current system of not providing much support for servicemembers who have served for less than 20 years is unfair.  I don’t support support drawing parallels to civilian systems, it simply is not equivalent.  And I do believe that Congressional Retirement benefits should be changed before we touch the military’s.

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