{"id":39218,"date":"2014-01-08T16:22:41","date_gmt":"2014-01-08T21:22:41","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=39218"},"modified":"2014-01-08T16:22:41","modified_gmt":"2014-01-08T21:22:41","slug":"generals-immune-from-cola-cuts-to-pensions","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=39218","title":{"rendered":"Generals immune from COLA cuts to pensions"},"content":{"rendered":"

I know this will surprise you, especially since generals like Ray Odierno and Marty Dempsey have been vociferously supportive of personnel cuts to Pentagon costs, but the Army Times<\/a> reports that the latest cut to retirees pensions won’t affect general officers;<\/p>\n

In 2007, Congress passed a Pentagon-sponsored proposal that boosted retirement benefits for three- and four-star admirals and generals, allowing them to make more in retirement than they did on active duty. The Pentagon had requested the change in 2003 to help retain senior officers as the military was fighting wars in Afghanistan and Iraq and wanted to entice officers to remain on active duty.<\/p>\n

That means a four-star officer retiring with 40 years of experience would receive a pension of $237,144, according to the Pentagon. Base pay for active-duty top officers is $181,501, according to Navy Lt. Cmdr. Nate Christensen, a Pentagon spokesman. Housing and other allowances can boost their compensation an additional third.<\/p>\n

[…]<\/p>\n

But the [Congressional budget] deal [which impacts most retirees’ pensions] does not affect the 2007 enhancement for top pension, which has allowed pension rates for those officers to spike. Figures for 2011 show that a four-star officer retiring with 38 years’ experience received a yearly pension of about $219,600, a jump of $84,000, or 63 percent beyond what was previously allowed. A three-star officer with 35 years’ experience would get about $169,200 a year, up about $39,000, or 30 percent. Before the law was changed, the typical pension for a retired four-star officer was $134,400.<\/p><\/blockquote>\n

Yeah, so, I guess we know why they mind hiking medical costs on the rank-and-file. I probably wouldn’t mind much either if i had a $200k\/year pension to fall back upon. Well, until I think about the rank-and-file on a pension less than 10% of my own. Buncha self-serving little pricks, the perfumed princes telling the rest of us to sacrifice for the good of the nation, while they’re laying in their silk robes, their grape-peeler at their feet.<\/p>\n

Thanks to ROS for the link.<\/p>\n","protected":false},"excerpt":{"rendered":"

I know this will surprise you, especially since generals like Ray Odierno and Marty Dempsey have … Generals immune from COLA cuts to pensions<\/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":[198],"tags":[],"class_list":["post-39218","post","type-post","status-publish","format-standard","hentry","category-big-army"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/39218","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=39218"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/39218\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}