[republicangel]

As I understand it, the adjustment to the military retiree pay doesn't go into affect until 2016. Also when the retiree turns 62 it plays catch-up. The past raises not given are given at that time.

I am a spouse of a military retiree under the age of 62. He is doing well at his second job. He does worry about the ones that don't do as well at the second job or retired at a lower grade after 20.

[stanne]

WEll, everyone ought to worry about a terrible morale not attracting good people to the military.

[PeteB570]

I retired at 21 and have a moderately successful 2nd career.

When “they” talked of changing military retirement from what it is now to a 401k type you couldn’t touch until 62 “they” said it would “save” on average $430,000 per retiree.

What they are talking about now is “saving” $83,000 on average per retiree.

Any time “they” talk about “saving” it means taking money out of the pocket of some retiree.