Posted on 05/25/2012 5:37:54 AM PDT by 11th_VA
SASEBO NAVAL BASE, Japan — The Marine Corps soon will offer early retirement with benefits to some troops as part of force-shaping efforts aimed at cutting 20,000 jobs from the rolls over the next four years, Corps officials said this week.
Under the plan, expected to start this fall, Marines and officers with 15-20 years of service will be offered early retirement with benefits. It’s part of a larger Marine initiative that includes voluntary early discharges and the convening of a selective early retirement board for lieutenant colonels and colonels already eligible for 20-year retirement benefits, who have stagnated in their grade.
Some of the administrative directives could be released as early as next month, Marine spokeswoman Maj. Shawn Haney said Friday in an interview with Stars and Stripes.
The Corps is looking to trim 5,000 troops in fiscal 2013, and drop from 202,000 to 182,100 Marines by the end of fiscal 2016 as part of Defense Secretary Leon Panetta’s plan to streamline the military following a decade of wars.
(Excerpt) Read more at stripes.com ...
The military....afraid to give IQ tests to the officers, but more than ready to promote people based on how fast they run.
“Wow - this could empty out the top ranks ... IMHO “
Of course, and with good reason.
Get rid of the “old thinkers” (old Euro men), and advance the “new thinkers” (younger, non-Euro, and even non-men!).
I doubt many will take it. You get 30 percent after 15 years. I would stay til 20 to get the full benefits.
I’m guessing 37.5%.
2.5%*5=12.5%
50-12.5=37.5
(2.5%/year is the amount used to calculate retirement pay)
Just my opinion, but this is all cover for the steep decline in enlistment since the military became the social experiment of a radical Leftist.
LOL. I actually heard (liberal) people going on about rotten Romney tonight. Had to leave the room as it was insane - especially given the bizarre context of someone also mocking my dead father at the same time.
I work with a Marine who has fairly significant issues with his back....those 100-pound backpacks probably didn’t help. He’d likely be the first to take up an offer like this.
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