[Old Sarge]

The whole idea of a lifetime pension is ridiculous.

Veterans weigh in?

[mylife]

Look, I am about to call some pensions in before I get swindled out of them.

Bottom line is if they agreed to give you this compensation for service, they owe it to you.

PS the military never gave me nothin but a job.
3 hots and cot sound s good but yer out there sleeping in the rocks.
All really got from them was pride.

[kiryandil]

TexasFreeper2009 wrote: The whole idea of a lifetime pension is ridiculous.

Old Sarge wrote: Veterans weigh in?

I think you two are talking about different animals.

The "public service" defined-benefit pensions are the radioactive time bomb.

I wouldn't consider a military veteran's lifetime pension in the same category, unless the military is, or begins pulling the same sort of pension-pumping shenanigans that goes on in state & local gruberment.

Plus, I don't think you're required to get shot at if ordered when you're working for the local city water department.

California and New York are two of the states NOTORIOUS for public sector pension-pumping, but there are a number of other blue states doing it.

Here's an example from Michigan, which got rid of defined-benefit pensions years ago (but still has numerous grandfathered pension hogs lined up at the public trough):

(Michigan) Teacher Union President In Line for Six-Figure Government Pension
http://www.freerepublic.com/focus/f-bloggers/3271961/posts