"...President Obama wants to consider sweeping changes to the military’s retirement and compensation system, but he also said that all current troops should be grandfathered under the current retirement plan if they choose.
Obama on Thursday issued instructions to the Military Retirement and Compensation Modernization Commission, a task force created by Congress and intended to inform and jump start efforts to overhaul the current military pay and benefits scheme...
Some of the unofficial retirement proposals include proposals that would give some retirement benefit to troops who leave before the 20-year mark. Under the current rules, most service members who leave before serving 20 years get no retirement benefit..."