military retirement

40 years. First time I have heard this.


"Please Don't Go
June 18, 2011: The U.S. is currently paying $40.2 billion a year to nearly two million retired military personnel. About 75 percent of the retirees are simply men or women who reached 20 (or more) years of service and retired. The remainder include 93,000 receiving $1.38 billion in medical retirement, 357,000 reservists received $4.89 billion and survivors of deceased retirees receiving $3.65 billion.

What is expected to make these costs skyrocket in the next decade or so is that people are living longer, and many more injured veterans of Iraq and Afghanistan are expected to qualify for medical retirement (having to leave the service because of service related injuries.) Costs for medical retirement and disability payments may be much larger than anticipated because PTSD (post traumatic stress disorder) is now easier to diagnose, although there is still a lot of uncertainty of how debilitating it is. If it becomes politically expedient to classify PTSD as a severe disability, this could mean a lot more permanent payments to victims.

Despite the high cost of retirement pay, the military has found experience is often worth it. Thus, four years ago, the U.S. Congress approved a Department of Defense proposal to increase the pay of troops who stay in the military for up to 40 years. Up until then, time-in-service pay raises stopped at 36 years of service, and the pension benefits maxed out at 30 years of service. In other words, there were no financial incentives to stay in uniform longer than 30 years. That's changed, with the maximum retirement pay now increasing to 40 years (at which point you retire with 100 percent of your current pay.) Retirement pay caps for generals and admirals have also been lifted. Giving really talented officers an incentive to stay in and become flag (general or admiral) rank officers. The changes also benefit reservists.

What the military has noted is that people are staying fit and healthy as they get older. It's no longer unusual to see sixty year old senior (E-9) NCOs who can still do more push-ups than most twenty year olds. While officers tend to be forced out if they don't get promoted regularly, some specialists (especially in medicine) are encouraged to stay in as long as they are physically able. But there are other technical specialties, where officers predominate, and "up or out" rules are waived to allow valuable experts to stay in uniform. Otherwise, they tend to retire, then get hired as civilians to do the same work, for more money. But for many senior officers and NCOs, doing the job in uniform is important. It's pride in the service and patriotism, and it matters. But so does the money.

These new policies won't keep a lot of people in uniform, perhaps only a thousand or so a year. But those who are willing, and physically able, to stay, are among the most skilled, experienced and talented people in uniform. This small group makes a big difference, and the additional retirement costs are not huge."

http://www.strategypage.com/htmw/htmurp ... 10618.aspx

Sky rocketing cost.

Weiner just stepped down and will get 1.2 mill a year.

Martin Ent Inc wrote: Sky rocketing cost.

Weiner just stepped down and will get 1.2 mill a year.

12 years From who? I found it at WSJ 25k for life with COLA , for 12 years in Congress. It is outrageous.

http://www.thecapitol.net/FAQ/payandperqs.htm

Yes, for a man who didn't commit any crimes, and wasn't convicted of anything he made out okay...

But then we have Randy "Duke" Cunningham, who is collecting while serving an 8 year sentence
Bob Ney, collecting after serving a 2-1/2 year sentence
Tom Delay, collecting and convicted
Mark Foley, collecting...after soliciting sex with male pages
Rick Renzi, collecting...indicted for wire-fraud, money-laundering
Don Sherwood, collecting...assault & battery against a mistress; violating the prohibition of "receiving financial benefit from an 'earmark' he appropriated."
Vick Fossella, collecting...convicted of DUI; admitted a love-child from a 3yr relationship outside of marriage
John Ensign, collecting...under possible indictment for misuse of funds while trying to cover up a relationship with the wife of one his staffers,
Chris Lee, collecting...soliciting sex on Craigslist

Yes, I love it when you guys try to get on your high-horse about congressmen still collecting pensions after convictions, resignations, or getting out before the doors can close. The Democrats tried to close the loophole about disgraced congress-critters collecting pensions & benefits some years ago...Guess who voted it down? Those fine upstanding conservatives... I guess they figured they had more to lose than the Dems...

And yes, I could have easily listed the Dems who "did it too", but why would I deprive you guys of the fun, when that seems to be more important to you than the original thread-topic of MILITARY RETIREMENT....

Anyone who goes to Washiington and disgraces their office by being a sex crazed degenrate should not get a CENT after they leave. INCLUDING PRESIDENTS!!!

LadyJazzer wrote: Yes, for a man who didn't commit any crimes, and wasn't convicted of anything he made out okay...

But then we have Randy "Duke" Cunningham, who is collecting while serving an 8 year sentence
Bob Ney, collecting after serving a 2-1/2 year sentence
Tom Delay, collecting and convicted
Mark Foley, collecting...after soliciting sex with male pages
Rick Renzi, collecting...indicted for wire-fraud, money-laundering
Don Sherwood, collecting...assault & battery against a mistress; violating the prohibition of "receiving financial benefit from an 'earmark' he appropriated."
Vick Fossella, collecting...convicted of DUI; admitted a love-child from a 3yr relationship outside of marriage
John Ensign, collecting...under possible indictment for misuse of funds while trying to cover up a relationship with the wife of one his staffers,
Chris Lee, collecting...soliciting sex on Craigslist

Yes, I love it when you guys try to get on your high-horse about congressmen still collecting pensions after convictions, resignations, or getting out before the doors can close. The Democrats tried to close the loophole about disgraced congress-critters collecting pensions & benefits some years ago...Guess who voted it down? Those fine upstanding conservatives... I guess they figured they had more to lose than the Dems...

And yes, I could have easily listed the Dems who "did it too", but why would I deprive you guys of the fun, when that seems to be more important to you than the original thread-topic of MILITARY RETIREMENT....

Weiner is a pervert. He likes to expose himself to others. He is a flasher and exhibitionist. He is a PERVERT.

Martin Ent Inc wrote: Sky rocketing cost.

Weiner just stepped down and will get 1.2 mill a year.

and

Martin Ent Inc wrote: www.thecapitol.net/FAQ/payandperqs.htm

from your own source:
"Under FERS, a member becomes eligible for benefits upon retirement from Congress if he or she is 62 years old with five years of congressional service; 50 years old with 20 years of service; or any age with 25 years of congressional service." (He first started in Congress later than 1987 so therefore he's under FERS)
... I don't believe that he's 62 but even if eligible for retirement the FERS retirement system provides for 1% of the 'high 3' salary time the number of years so.. 12% in his case - nowhere near the 1.2 million you quoted.

CriticalBill wrote: Anyone who goes to Washiington and disgraces their office by being a sex crazed degenrate should not get a CENT after they leave. INCLUDING PRESIDENTS!!!

That would include most of them. I'll bet many have had sexual encounters that haven't been exposed.

But the real question is: How is someone having sex without committing a crime or using it as influence disgracing their office? I am more concerned with the influence of money on these people than I am about the sex they are having. I am only concerned about the sex they are having if it is in exchange for their vote or if they are imposing their moral ideas on the legislation and everyone else and are doing that same behavior that they are so vocally against in secret. Other than that, they can screw like rabbits and I could care less.

Soulshiner wrote: . Other than that, they can screw like rabbits and I could care less.

rofllol rofllol rofllol rofllol and the topic was?