By Dave Boyer - The Washington Times - Monday, March 30, 2015
President Obama said Monday he supports the recommendations of a military commission that would reduce the size of traditional military retirement pay by about 20 percent and offer a new defined-contribution benefit for troops who leave before 20 years of service.
In a letter to congressional leaders, Mr. Obama said the proposals are “an important step forward in protecting the long-term viability of the all-volunteer force, improving quality-of-life for service members and their families, and ensuring the fiscal sustainability of the military compensation and retirement systems.”
http://www.washingtontimes.com/news/2015/mar/30/obama-supports-reduction-military-retirement-pay/
Thanks for the link!