Originally Posted by
acl65pilot
So long volunteer Army. They are the only ones that should have a pension. Now if we are talking about all other government employees, they better realize that their Defined Benefit for a fix percentage contribution is going to come to an end. I keep trying to tell that to my family members in government service.
Naaaaaah. When I was in, I remember that tax wise I was treated like I HAD a pension, yet because I got out with less than 20, I received no such pension. I guess I could have gone back and amended my last 7 years of tax returns and perhaps received some pittance of a refund, but the hassle would have been worth far less than the monies I would have received. Anyway, I cannot speak for others, but I didn't join the military for a pension in the first place. If this comes to fruition, it too, shall pass.