Originally Posted by
gloopy
It won't go away. If anything it will be a VERY significant net increase for the majority of those who serve because under the status quo if you punch out before 20, which is the considerable majority, you get nothing. If I read correctly its somewhere around 16% in a mandated low risk B fund style program. The only ones who will be hurt by this are the "coloring book" drill for points for 10 years guys and even they have had to have known this was coming.
Either way the mentality of anything government being 20 years of work and a lifetime of immortal security while the private sector works for 40-50(+?) and good luck hope your investments worked out, IF you had enough to save in the first place, is a fiscal impossibility anymore. Especially if we intend on a multimillion man standing global military for all eternity.
Bingo-if you enlist and spend 5-10 years defending the country (usually the guys/gals on the pointy end of the spear), and get out to go to school, get a job, etc, you get squat. I think the problem they are seeing is with the cliff vesting. IMO, giving some sort of 401K contribution for service in the early "war fighting years" is appropriate. Look at the typical age of the kids killed in the war these days. They're junior and generally in their 20s.