Did I touch a nerve? LOL! According to YOU, you're the one who got banned way back when so who's really the troll here?
And stop being so nasty.........
Posted on 10/06/2013 12:31:20 PM PDT by US Navy Vet
:D
To All Concerned...
I wish him all the luck in the world.. I retired in 1975 as a Platoon SGT (E7) and so far have beaten the actuary tables.. I am now working on 39 years of miniscule retired pay for serving my country through 2 wars and also in Germany during the tense Cold War, I was in 7th Corps (LRRP) Jayhawks which was disbanded and became the 75th Rangers. We Retired Vets earned and deserve our Retirement pay.By the way, I am 80 years old and hope to draw at least another 10 years of it.
Airborne All The Way
I would suggest just ignoring it and keeping your mouth shut. It has been a rough 5 years for many people on main street and they are venting...
Every one that he has or will earn and every one to which he has contributed! Do you realize that if you have a government pension and you have fully contributed to Social Security in other employment, your Soc. Sec. is reduced? Some people are willing to get off their tails and “EARN” pensions from several sources!
Did I touch a nerve? LOL! According to YOU, you're the one who got banned way back when so who's really the troll here?
And stop being so nasty.........
If you're referring to my comment about my friend and my BIL, you're right, it's not double dipping. What they have successfully done, which is not available in the private sector, is buy back their non vested years and apply it to their current tenure come retirement time.
Excellent answer. Thank you.
God bless all of the brave men who put themselves in harm’s way to protect us.
I would suggest just ignoring it and keeping your mouth shut. It has been a rough 5 years for many people on main street and they are venting...
I’ve been there I have a right to say what I’d like.
Do you realize that if you have a government pension and you have fully contributed to Social Security in other employment, your Soc. Sec. is reduced? Some people are willing to get off their tails and “EARN” pensions from several sources!
Thank you!
Retired from the military at the age of 42, good for you! So why didn't you ever pursue employment in the private sector? I'd have gone nuts just sitting around doing nothing.........
Greens Keeper?
Back to training our newest Airman in their cyber career fields.
I am not really trying picking on you, but have you made a contribution to FR? There is no constitutional right to post stuff on private web sites. I am your side BTW...
Every military retiree I know has retired in their 40's and gone on to get good jobs in the private sector......So retiring at the age of 40+ and staying retired is certainly a personal choice and yes, nobody is expecting them to live on their reduced pensions......That's why they go on and get jobs.
I’m guessing that you left so you could make the big bucks on the outside with that law degree of yours. How’s that working out for you?
There was a time some people could “double”, even “triple” dip. Federal law doesn’t allow federal double dipping any longer.
There are some of us who will end up with about 40 years employment between military and federal service who still have no promise of any retirement, except from what God Himself provides. We live paycheck to paycheck and over the course of 10 years have saved up enough to last us 1-6 months of adversity.
Obama has already eaten that up.
I rely on God for provision of security through faith in Christ. This furlough was intended to cause evil, but through faith in Him, has promoted perseverance.
Thank you Lord.
Well if you weren’t paying into SocSec, weren’t you participating in CSRS?
Congress has voted to pay all the furloughed gov’t employees. They should all be ordered to return to work
Vet doesn't say, but he could be either a government contractor or a government employee. The military retirement system is a vestige of a centuries old system called half pay where they could put you "on the beach" with half pay, but you were liable to be called back if they needed you. True today, but much more complex. While you become eligible to retire at 20 years service, if you leave at 19 years you get zip. A very high bar, no vesting or equity before you hit eligibility. You wannta sign up for that. Every military member gets, in writing, once a year a notice explaining how much their compensation really is because of the retirement benefit. Pay is suppressed to account for the fact that you are not paying into retirement. There is no free lunch.
Since the military is a young person's game, you don't get to stick around until you are 65 or 70. You're gone early without enough to live on and years before Social Security. So, you get another job. If you get a government job, the pension today works like a 401K - you pay in and the government matches a certain amount. You start over at zero paying in. Same with government contract work. Your company may or may not have it's own 401K and you pay in according to their rules.
Most people's biggest asset is their home. They buy as soon as they can and build equity over the years in hopes of owning their home outright upon retirement. Very few in the military can manage to do this with frequent moves, overseas assignments, often these moves come at very bad times in the housing markets. Many military people have lost their shirts in the housing market because of the demands of service.
If it's such a cushy deal, why aren't people beating down the doors at the recruiting offices so that they can jump on the gravy train? Why didn't you? Tobasco comes in the rations these days, but I guess that you wouldn't know that.
Thanks vets, all of you.
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