Dec 20, 2011

Study on Military Retirement Reforms Anticipated

"...Joint Chiefs Chairman Gen. Martin Dempsey told troops during a town-hall meeting at Germany's Ramstein Air Force Base that military retirement and benefits reform has been “pushed to the side of the table” as officials implement a first round of budget cuts.

That means Pentagon officials have been able to implement the first tranche of a $350 billion, 10-year budget cut without making changes to the military’s retirement and benefits system. The Pentagon says that will equal up to a $490 billion cut to planned spending.

But, the chairman said, “it’s still on the table.”..."

Read more at thehill.com