{"id":86532,"date":"2019-04-25T08:00:58","date_gmt":"2019-04-25T12:00:58","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=86532"},"modified":"2019-04-23T19:28:56","modified_gmt":"2019-04-23T23:28:56","slug":"bigger-retirement-plan-needed-to-sustain-officer-experience-levels","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=86532","title":{"rendered":"Bigger Retirement Plan Needed to Sustain Officer Experience Levels"},"content":{"rendered":"

Jonn<\/a> and Hondo<\/a> posted about the current blended retirement, which had yet to affect service members. This stirred up a healthy debate with representation from both sides of the issue.<\/p>\n

Arguments in favor included the reality that most didn’t do a full retirement. The blended retirement gave them something to build on should they leave the military before 20. Blended retirement related surveys, that many service members completed, indicated that many wanted this plan.<\/p>\n

It was also mentioned that the survey was slanted. The questions “canalized” the one taking the survey into choosing the options favorable to the blended retirement.<\/p>\n

Arguments against included statements on long term retention. With service members being able to start this while in service, then carry it with them elsewhere, why even stay in? Instead of dealing with the sacrifices that regular service demanded, service members could go elsewhere and still accumulate for retirement.<\/p>\n

From Stars and Stripes:<\/span><\/p>\n

Under one scenario that leaves continuation pay at their minimums, fewer active duty officers complete 20 years of service; meanwhile, officer participation in the Reserve and the National Guard rise by 7.2% and 2.1%, respectively.<\/p><\/blockquote>\n

There’s a chance that this would also increase among the enlisted, as well the other ranks not included in that quote.<\/p>\n

They could still get the benefits of military experience while building their nest egg as they build their military career.<\/p>\n

I remember when they still had REDUX. When those who came under the REDUX plan went over their 10-year mark, many didn’t have the incentive to do a full 20. Congress eventually changed things and gave those, who fell under REDUX, a choice. Accept $30,000.00 at 15 years active duty to remain at REDUX, or receive no incentive and be on the high three plan.<\/p>\n

Unlike REDUX before the above change; however, the blended retirement has augmenting financial incentives. As Hondo’s article pointed out, they already had “buyer’s remorse” about aspects of this plan. Many of us weren’t surprised.<\/p>\n

What remains to be seen is how those currently on the plan, who are on active duty, will see things starting at the end of the next decade. This is when those who came in last year, and those who are coming in now, will pass their halfway mark for 20 years of active duty… Assuming they’re still on active duty when that time comes around.<\/p>\n

You can read more here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jonn and Hondo posted about the current blended retirement, which had yet to affect service members. … Bigger Retirement Plan Needed to Sustain Officer Experience Levels<\/span>Read more<\/a><\/p>\n","protected":false},"author":661,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-86532","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/86532","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\/661"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=86532"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/86532\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}