mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I missed this January 2016 piece of info about future military retirees. None of this will affect me, but it will affect those in the future.
Still looks like a good retirement program, just not as "guaranteed" as mine.
DoD Plans Benefit Revision With ‘Blended Retirement’ > U.S. DEPARTMENT OF DEFENSE > Article
Still looks like a good retirement program, just not as "guaranteed" as mine.
"An overhaul of the current military retirement system is slated to take effect January 1, 2018. The new system has three elements: a 401(k)-style component with Defense Department matching funds for entry-level and other service members, a mid-career continuity bonus, and a retirement annuity similar to the one now in place for service members that complete twenty or more years of eligible service."
DoD Plans Benefit Revision With ‘Blended Retirement’ > U.S. DEPARTMENT OF DEFENSE > Article