“Only 17 percent of the all-volunteer force serves for more than 20 years, and they are endowed with a lifetime benefit. The current US military retirement system does not compensate for those in high risk situations or extenuating circumstances (e.g., combat duty, hardship tour, and separation from family).. The current military retirement system is unfair. For example, 83 percent of those serving in the US military will receive no retirement benefit. US military personnel serving 5, 10, or 15 years will depart from service with no benefit or pension. This cohort includes the majority of troops who have engaged and will engage in combat. Retiree healthcare (TRICARE) is significantly more generous than civilian programs. For those serving more than 20 years, the retirement contribution is 10 times greater than the private sector: average private sector pension contributions range from 4-12% per year; military retirement benefit equates to 75% of annual pay per year for those who retire; and immediate payout after 20 years has no comparison in the private sector. In light of the budget challenges DOD is currently facing, the military retirement system appears increasingly unaffordable.” Defense Business Board
Category: UN
France’s recently elected socialist president and Bilderberg stooge François Hollande has told Syria’s CIA and MI6 run opposition to form a provisional government. Hollande said France would then officially recognize it as Syria’s legitimate government. In February, the Director of National…
How would you like to live under someone’s boot? That’s not a reference to a brute for a husband or a bitch for a bride. It’s a question motivated by the behaviour of the mindless…
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A new film, “Compliance,” examines “the human desire to follow and obey authority.” Liberal institutions, such as the media, universities, federal courts, and human rights organizations, which have traditionally functioned as checks on the blind…
BEIJING, Aug. 29 (Xinhuanet) — The new President in Egypt. His first visit to China. Mohamed Morsi has begun his three-day visit to China just two months after taking office. President Hu Jintao welcomed him to Beijing. Chinese President Hu…
Syrian Foreign Minister Walid al-Muallem has described the United States as the main architect of the plots against his country, saying that Western and certain regional countries are being used as pawns in Washington’s struggle…
The two-day ministerial meeting of the Non-Aligned Movement (NAM) has convened in the Iranian capital, Tehran. The 16th summit of NAM member states kicked off in Tehran on August 26, 2012 with an inaugural…
Russia has no intention to end its military presence in Syria despite the ongoing violence in the Arab nation, the Head of Russian army says. Chief of Staff General Nikolai Makarov on Tuesday…