Mar 8, 2014

No Formal Proposal for Retirement Overhaul Until 2015

"...Defense Secretary Chuck Hagel wants to wait until next year before asking Congress to make fundamental changes to the current military retirement system, a Pentagon spokesman said Friday.

One day after the Defense Department released detailed proposals for military retirement reform, Hagel’s spokesman said that the politically sensitive suggestions should not be considered formal recommendations.

“No one of these options is a favorite. No one is preferred. These are just options that are teed up to be considered,” Rear Adm. John Kirby said during a press briefing Friday.

The proposals were developed by the Defense Department’s Personnel and Readiness Office and sent to both Capitol Hill and the Military Compensation and Retirement Modernization Commission..."

Read more at Military Times