In the Sun Journal, Oct. 9, there was an article concerning the need to find ways to cut the $50 billion the government spends per year to fund the U.S. military's pension plan.
The article stated that military pensions are “far more generous than what most Americans receive.” Sound familiar? At least they have to serve their country for 20 years before getting that pension.
It is outrageous that members of Congress even think of cutting the military (or anyone else’s) pension plan before looking to cut their own — most generous — pension and benefit programs.
The article stated that these suggested cuts to military pensions would only be for newly enlisted personnel, not those who serve now. (Elected officials know that to suggest other than that would be political suicide.) They propose to have them contribute to 401(k) plans, like most people need to do for retirement.
Who will be the biggest benefactor if that ever becomes law? Yep, you guessed it: Wall Street.
I would vote for the first presidential candidate, Democrat or Republican, who suggests and works hard for us, starting with cuts to benefits for members of Congress.
Charity begins at home. So should budget cuts.
Claire Dupuis, Poland