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To: Newbomb Turk

Military pensions aren’t entitlements, they’re earned benefits, and playing around with them in any form or fashion while still giving away the store to the federal employees (and congress) is insulting to all of our armed forces.


2 posted on 08/15/2011 4:27:19 PM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: kingu

RATS in the Pentagon. Need RAT traps and RAT poison to get rid of them.

Watch out for rationing of medical care next. Even now they gather ‘voluntary’ data from non-retired (ordinary) vets which can be used by the death panels for rationing purposes at the VA.


12 posted on 08/15/2011 4:35:40 PM PDT by Surrounded_too
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To: kingu
Federal employee retirements are paid for by the employees ~ two ways ~ understood agency deposits of xyz percent based on salary, and an employee deposit of xyz percent of salary.

Then they have a 401(k) (like) plan called Thirft Saving Plan. That comes out of your salary, has a cap, and is matched up to 5.5%.

My own payments over a full career should take care of my pension needs (including inflationary COLA) until I am about 200 years of age.

So, let's hear how you paid for your own pension.

75 posted on 08/16/2011 6:22:35 AM PDT by muawiyah
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