Friday, September 2, 2011

DoD panel calls for radical retirement overhaul - Air Force News | News from Afghanistan & Iraq - Air Force Times

DoD panel calls for radical retirement overhaul - Air Force News | News from Afghanistan & Iraq - Air Force Times: "All troops would receive the yearly retirement contributions, regardless of whether they stay for 20 years. Those contributions might amount to about 16.5 percent of a member’s annual pay and would be deposited into a mandatory version of the Thrift Savings Plan, the military’s existing 401(k)-style account that now does not include government matching contributions."

'via Blog this'

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