20 yr retirement being phased out?
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20 yr retirement being phased out?
Ranger Class 8-82
C Co 2/75 80-83-HCMTC 83-85
Drill Sgt 85-87-Sapper Instructor 87-89
A Co 2/75 89-90-G3 I Corps 90-91
I Corps LRSC 91-93-7th RTB RI 94-95
Retired 95
"I'd rather spend 10 seconds in the saddle, than a life time of watching from the stands." Chris Ledoux
C Co 2/75 80-83-HCMTC 83-85
Drill Sgt 85-87-Sapper Instructor 87-89
A Co 2/75 89-90-G3 I Corps 90-91
I Corps LRSC 91-93-7th RTB RI 94-95
Retired 95
"I'd rather spend 10 seconds in the saddle, than a life time of watching from the stands." Chris Ledoux
Re: 20 yr retirement being phased out?
JD, I think we will be hearing more about this issue as time passes. Industry and the federal government continue to move away from the traditional defined retirement systems; and are embracing the deferred income / matching funds portable retirement plans. As an example, today's soldier gets out at three or four years, has no retirement credit unless he goes into the ARNG or USAR. (Yes this is a simplistic example.) But, as I said, I expect we will see a lot more on this subject as we go along.
Ranger Class 13-71
Advisor, VN 66-68 69-70
42d Vn Ranger Battalion 1969-1970
Trainer, El Salvador 86-87
Advisor, Saudi Arabian National Guard 91, 93-94
75th RRA Life Member #867
Advisor, VN 66-68 69-70
42d Vn Ranger Battalion 1969-1970
Trainer, El Salvador 86-87
Advisor, Saudi Arabian National Guard 91, 93-94
75th RRA Life Member #867