To: dsc
"No, it translates to a $120,000 retirement package." "Listen, its time for you to pull an Emily Latella...." I'd be happy to "never mind" but the article says otherwise. From the article: "Ryan and Murray entered into an unholy alliance to reduce veteran pensions including those already vested under previous covenants by an average of $84,000 to $120,000. " So it does say "reduce". It's not a big reduction percentage-wise, so that where the figure I'm using comes from. Maybe it's your turn to "do a Litella"? Then there is this..... http://www.washingtonpost.com/opinions/tiny-military-pension-cut-is-a-good-move/2014/01/05/f4981eaa-74b9-11e3-9389-09ef9944065e_story.html where they quote: "or someone who enlisted at age 18 and retired as an Army sergeant first class at 38, lifetime retirement pay would decline from $1.734 million to $1.626 million, according to House Budget Committee staff. And that $1.626 million would still be filled out with generous military health coverage and earnings for working in the civilian sector, which most military retirees do. " There it is....$108k not including health benefits, which adds a significant sum to the millions. It's simple math really. We cannot afford to make millionaires out of every Federal, Military, State, and Municipal employee.
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