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March 31, 2015
Obama to Sign Onto 20% Reduction for Military Retirement Pay
Obama to Sign Onto 20% Reduction for Military Retirement Pay
Obama said Monday he supports the recommendations of a military commission that would reduce the size of traditional military retirement pay by about 20 percent and offer a new defined-contribution benefit for troops who leave before 20 years of service.
In a letter to congressional leaders, Mr. Obama said the proposals are “an important step forward in protecting the long-term viability of the all-volunteer force, improving quality-of-life for service members and their families, and ensuring the fiscal sustainability of the military compensation and retirement systems.”
Mr. Obama said he has directed his advisers to refine some recommendations, and that the White House will report to Congress on any proposed changes by April 30.
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Wild Thing's comment............
Can you imagine having a president that served in our military and loves our country and our Constitution, that would be s dream come true
Posted by Wild Thing at March 31, 2015 12:55 AM
