Why not scrap military pensions, and pay more money to military people?
Posted: under Pensions.
Tags: Active Component, Civilian Jobs, Military Medical Facility, Military Pensions, Retirement Time
jftdv2000 asked:
My idea is that after a 6 to 8 year length of service, military personel get a hefty raise, and a government guarenteed retirement plan, that they invest in themselves, such as the Thrift Savings Plan. They could invest up to 50% of their pay. Also, not have a mandatory retirement time in service, but mandatory age 60 for anyone under E-7, under O-4, and WO’s with no required retirement. For those with service connected disability, a Tri-Care plan and Veterans Administration Health Plan, and Tri-Care/ any military medical facility, at age 60 (Tri-care to include full Medical, Dental, and Vission, Veterans Administration for Service connected).
If you read the explanation, you would see that you would retire with more money. I have put my @%% on the line in two wars, forest fires, floods, riots, etc. 8 total years active, 15 years National Guard. I did a lot of other time in training, other than the required one weekend a month, 15 days out of the year. Physical fitness was on my own time, after civilian jobs, had to do it on my own time, not during duty hours, like active component does. Short term call ups for emergency’s, minimum of about 30 days a year. I have been in war zones a total of five years, when added together, which I was shot at, mortered, rocketed, and had hand grenades and roadside bombs explode in my vicinity. I have spent more time in war zones, where bullets and bombs were flying, than most active duty people have. My idea makes it possible for us to make our own choices.
Obviously, the only people that have answered, are a bunch of socilists that do not believe in personal accountability, and doubt that military personel have the common sense to make investments for themselves. The pay raise I am talking about, would be doubling the base pay and giving what used to be called ‘pro pay’, which was the same in the civilian world as incentive pay, to keep people in certain critical skills. Most re-ups are not for retirement, but for the bonuses that that are offered for re-enlistment.
Paige
My idea is that after a 6 to 8 year length of service, military personel get a hefty raise, and a government guarenteed retirement plan, that they invest in themselves, such as the Thrift Savings Plan. They could invest up to 50% of their pay. Also, not have a mandatory retirement time in service, but mandatory age 60 for anyone under E-7, under O-4, and WO’s with no required retirement. For those with service connected disability, a Tri-Care plan and Veterans Administration Health Plan, and Tri-Care/ any military medical facility, at age 60 (Tri-care to include full Medical, Dental, and Vission, Veterans Administration for Service connected).
If you read the explanation, you would see that you would retire with more money. I have put my @%% on the line in two wars, forest fires, floods, riots, etc. 8 total years active, 15 years National Guard. I did a lot of other time in training, other than the required one weekend a month, 15 days out of the year. Physical fitness was on my own time, after civilian jobs, had to do it on my own time, not during duty hours, like active component does. Short term call ups for emergency’s, minimum of about 30 days a year. I have been in war zones a total of five years, when added together, which I was shot at, mortered, rocketed, and had hand grenades and roadside bombs explode in my vicinity. I have spent more time in war zones, where bullets and bombs were flying, than most active duty people have. My idea makes it possible for us to make our own choices.
Obviously, the only people that have answered, are a bunch of socilists that do not believe in personal accountability, and doubt that military personel have the common sense to make investments for themselves. The pay raise I am talking about, would be doubling the base pay and giving what used to be called ‘pro pay’, which was the same in the civilian world as incentive pay, to keep people in certain critical skills. Most re-ups are not for retirement, but for the bonuses that that are offered for re-enlistment.
Paige
Comments (10)
Mar 28 2008
