If the government continues to pay the pensions, and if they don't kill what medical insurance military retirees are able to buy. There is NO free medical for retirees, despite promises of same. (with the possible exception of disabled vets)
Most military retirees don’t “retire” when they leave the military unless they are general officers and most of them don’t either. At 22 years my retired pay as an O4 was maybe about 1/3 of my total active duty compensation. Since most retirees at that point still have kids at home or in college you just can’t maintain your lifestyle, even with frugality, without obtaining fulltime employment of some kind. Now, with the retirement, there comes some flexibility in being able to take jobs that might pay a bit less than what a civilian with the same experience might get but that flexibility can be a plus in terms of not having to beat yourself silly trying to surpass what you made on active duty. The lifelong medical has been watered down greatly from what was promised when I enlisted in 1969 and what was in place when I was commissioned in 1976 and could decline further. The extra points to get into a government civil service job is chancy in the best of times and it seems that NCOs can usually benefit from that more than officers. Besides, a lot of us tend to try to steer clear of government jobs and government contractor jobs because they are there at the whim of the administration and you can easily find yourself on the streets looking for something else.