http://www.cbsnews.com/stories/2011/08/15/eveningnews/main20092652.shtmlRadical overhaul of military retirement eyedThe proposal comes from an influential panel of military advisors called the Defense Business Board. Their plan, laid out in a 24-page presentation "Modernizing the Military Retirement System," would eliminate the familiar system under which anyone who serves 20 years is eligible for retirement at half their salary. Instead, they'd get a 401k-style plan with government contributions.
They'd have to wait until normal retirement age. It would save $250 billion dollars over 20 years. Gawd...that's old news! Although the military retirement system has gone through changes over the years, something as radical as this would never pass.
Influential? Hah! Here's the plan, which I read a few weeks ago:
http://dbb.defense.gov/pdf/DBB_Military_Retirement_Final_Presentationpdf.pdfwtf is with your comrades and their incessant need to privatize everything and give us 401k's, etc? Ask the majority of Americans how that's worked out, huh?
Is it because Wall Street owns the Republican Party? Now your comrades are adding our military members to the hated group of police, first responders and teachers? Sheesh! Fuck you!
Get back with me when it passes, ok?
