[GATOR NAVY]

Korb notes that when most vets joined, these lavish retirement packages were not in existence —they were only introduced later.

What are these "Lavish retirement packages" of which you speak? When I joined in 1982, retirement pay for 20 years of service was 50% of final base pay, but by the time I actually retired in 2006 it was 50% of the average of my last three years' base pay, a reduction which adds up after a while. So this isn't the first time the military has taken it up the chute.

[SkyPilot]

What are these "Lavish retirement packages" of which you speak? When I joined in 1982, retirement pay for 20 years of service was 50% of final base pay, but by the time I actually retired in 2006 it was 50% of the average of my last three years' base pay, a reduction which adds up after a while.

100% correct.