{"id":30731,"date":"2012-07-11T11:55:36","date_gmt":"2012-07-11T15:55:36","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=30731"},"modified":"2012-07-11T11:55:36","modified_gmt":"2012-07-11T15:55:36","slug":"maze-4-out-of-5-troops-would-delay-retirement-pay","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=30731","title":{"rendered":"Maze: 4 out of 5 troops would delay retirement pay"},"content":{"rendered":"

I really should wait until the report comes out tomorrow because this article in the Military Times<\/a> is written by Rick Maze with whom I’ve tussled before over his propensity to make shit up out of whole cloth. But anyway, he claims that the report says 4 out of 5 troops would delay their retirement checks until they turn 50 in exchange for a one percent pay increase now.<\/p>\n

Service members up to age 29 said they could accept waiting until age 50 for retired pay if they received as little as $250 more a year in pay. Those aged 30 to 39 would want about $520 more a year, while those 40 and older put the figure at $650 or more a year.<\/p>\n

The average age to begin drawing retirement pay is 47 for officers and 43 for enlisted members, Harrison said, so waiting until age 50 to draw the pay would put a bigger hit on enlisted members.<\/p>\n

But for both officers and enlisted troops, the hit would be huge. An O-6 who retired today at age 47 with 25 years of service would give up almost $190,000 over three lost years of retirement pay. An E-8 who retired today at age 43 with 25 years of service would give up almost $277,000 over seven lost years of retirement pay.<\/p>\n

Those figures factor in an average annual cost-of-living adjustment of 2.5 percent.<\/p><\/blockquote>\n

Yeah, well, what’s a “cost of living adjustment”? We haven’t seen one of those since the Bush Administration. And as Kevin, who sent us the article, says 100% of the troops in the comments of the article are against the proposal. SO I’m not sure who the Center for Strategic and Budgetary Assessments asked, but I’m guessing that they cherry picked the answers or the respondents. Unless they were taking the poll in bars near closing time the day before payday.<\/p>\n","protected":false},"excerpt":{"rendered":"

I really should wait until the report comes out tomorrow because this article in the Military … Maze: 4 out of 5 troops would delay retirement pay<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84],"tags":[],"class_list":["post-30731","post","type-post","status-publish","format-standard","hentry","category-military-issues"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/30731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30731"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/30731\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}