“Now, I’me being told that I don’t deserve the benefits that I worked for. I just don’t understand your reasoning.”
I’m telling you that in order to earn in interest what you get in military benefits, you would have to have a very large sum of money today. It exceeds $1M.
What I am saying is that no matter where you stand on the issue, a compensation package that includes comprehensive medical coverage, plus a monthly stipend that can be a little or a lot, depending on your rank requires a multi-decade taxpayer commitment from taxpayers who often cannot afford their own basic medical care.
The bottom line is that we’re broke and can’t pay what everyone thinks they are going to get for government, state, municipal, and military benefits. When will it stop? When we can no longer borrow to finance it all - whenever that happens - which could technically happen any time, given the size of deficits around the globe.
I think I see where you’re coming from, but not in full agreement about the $1M premise.
The USA, by virtue of the Constitution, accepted that there would be costs to “provide for the common defense”.
I don’t see the rest of the spending this country engages in anywhere in there.
That being said, should there be a revisit to the amount retirees pay? Probably, but this tactic is nothing more than spitting in the face of those who are “locked in”. All so that they are ultimately forced into 0bamacare since they would have no other option. Which is the ultimate goal here.
So in other words, as it relates to spending, what’s the diff? The gov’t pays either way.
I’m telling you that in order to earn in interest what you get in military benefits, you would have to have a very large sum of money today. It exceeds $1M.
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And just how would you suggest that a enlisted person in the military get the money to invest in order to get that $1M?
When I retired as a E-6, I was earning $1200/mo before taxes. I had a wife and 2 children. A civilian doing the same job (FBI Special Agent) earned twice as much and didn’t live or work under the same conditions. My cost for Tricare is zero because I am over 65 and was required to sign up for Medicare which costs 3 times as much as I was paying for Tricare before I turned 65. Tricare now only pays for what Medicare doesn’t cover. I’m sorry if you can’t understand that military benefits is not available to everyone, however everyone has the choice of going in the the military or now (except for certain persons).