Military pension reform

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

In order to make comments, you must verify your account.

In order to comment on SunJournal.com, you must use your real name and include the town in which you live in your profile. A member of our staff will call you to verify this information. To join in, fill out your user profile completely and check the box "please verify my status." We'll get back to you within one business day to verify your account.

Login or create an account here.

Our policy prohibits comments that are:

  • Defamatory, abusive, obscene, racist, or otherwise hateful
  • Excessively foul and/or vulgar
  • Inappropriately sexual
  • Baseless personal attacks or otherwise threatening
  • Contain illegal material, or material that infringes on the rights of others
  • Commercial postings attempting to sell a product/item
If you violate this policy, your comment will be removed and your account may be banned.

Advertisement

Comments

veritas's picture
verified

So

Of all the Wolves baying at the Moon here...

How many actually joined and stuck it out long enough working long hours for crap pay to become a 'Military Retiree?'

mgr's picture
verified

Ronald, How should that

Ronald,

How should that question alter our opinions? Policy changes affecting new entrants should not affect present or past service members.

veritas's picture
verified

Obviously

it won't alter your opinions one iota.

Now the 'value' of them - another kettle of fish, indeed.

mgr's picture
verified

Let’s all just face the

Let’s all just face the music. This country cannot continue on the current spend rate. Everything must change; everything will change regardless if the country attempts to self-regulate or not.

Military service in this country is voluntary. If people reject changes in the retirement policy, they can go elsewhere. If policy changes, take the 401k retirement fund for example, affect military readiness, then the policy changes will be made to attract more volunteers – a bit of free market forces in public policy.

Pirate's picture
verified

New York Times...fair and

New York Times...fair and balanced. Something like maybe, FOX NEWS???

tron's picture

Come on, even you're not

Come on, even you're not stupid enough to believe that about FOX News, are you?

Pirate's picture
verified

So, everyone who watches Fox

So, everyone who watches Fox News, or disagrees with you is stupid? Sure narrows the playing field when it comes to discussion with you, eh?

tron's picture

Never said that everyone who

Never said that everyone who watches FOX News is stupid, only that you're not stupid enough to believe that FOX News is a fair and balanced news organization. You watch it because it reinforces your beliefs, some people, like me, watch to see what kind of craziness we can expect in the future.

Pirate's picture
verified

If charity truly begins at

If charity truly begins at home, Claire, why isn't the oBAMa regime doing anything about cutting foreign aid to countries that hate our guts, which would be most of them.

Woody's picture
verified

Since Republicans...

...control Congress, and nothing has been done, who would you guess might be holding things up?

David A Gagnon's picture
verified

So you think its Republicans do you Danny Boy

From the NY times, the lefts biggest cheerleader. “We’ve got to put everything on the table,” Defense Secretary Leon E. Panetta said recently on PBS, acknowledging that he was looking at proposals to rein in pension costs. And from the same piece.

"By far the most contentious proposal circulating in Washington is from a Pentagon advisory panel, the Defense Business Board. It would make the military pension system, a defined benefit plan, more like a 401(k) plan under which the Pentagon would make contributions to a service member’s individual account; contributions by the troops themselves would be optional. Mr. Panetta has said that if adopted, the plan would not apply to current military personnel."

Now keep in mind that BO has stated many times in recent months, that he was going after cuts in the military.

Frostproof's picture
verified

Good info.

The problem, David, is Breton believes the NY Times, like the LSJ, is a right-wing wacko rag.

tron's picture

The Times is no way right

The Times is no way right wing publication, it is basically balanced, unlike the SJ which through its editorial page, political endorsements and generally bias reporting is a strong right wing publication. Nothing proves that more than its policy of allowing you and yours to constantly defame and lie.

Pirate's picture
verified

And Hustler Magazine is a

And Hustler Magazine is a Christian publication.

veritas's picture
verified

That's what one might surmise

After it's expose on Jerry Falwell......

tron's picture

It probably is for you and

It probably is for you and yours.

Pirate's picture
verified

You sound like an old worn

You sound like an old worn out Christmas Card...You and Yours; You and yours. You need to get a little more creative. I know it's tough..... Here's an idea. How about some reality based fact and truth? Wouldn't that be refreshing for your vast audience?

tron's picture

Paul, you're so brainwashed,

Paul, you're so brainwashed, you wouldn't recognize the truth anymore. You only believe what FOX News tells you to believe.

Pirate's picture
verified

If you mean you and I will

If you mean you and I will probably never agree on anything, you're probably correct. But I can leave with that. I'm not here to convert liberals,nor will I ever be converted to the liberal point of view.I come here to be entertained by them and they do not disappoint. There's plenty of room for all of us, and eveyone's got to eat.

Pirate's picture
verified

The Times is balanced like a

The Times is balanced like a see-saw with a 300 pounder on one end and a bag of feathers on the other.

tron's picture

I'll bet you haven't even

I'll bet you haven't even read the Times this year.

Pirate's picture
verified

What for? It's like reading

What for? It's like reading the National Enquirer without the pictures. And I'll bet you haven't watched Fox News this year.

veritas's picture
verified

Not watch Fox??

C'mon!! Where else can Winston Smith find his 'Daily Hate?'

tron's picture

nice reference, but it'll go

nice reference, but it'll go over its head

Pirate's picture
verified

Keep up being nasty and I'll

Keep up being nasty and I'll tell all the nice people about those illicit e-mails you've been sending to my parrot.

veritas's picture
verified

Has he been

Sending out nasty pictures of naked parrots again????

Pirate's picture
verified

LMAO...That's beautiful. The

LMAO...That's beautiful. The parrot wants to know if she's married.

tron's picture

Your characterization of the

Your characterization of the Times is utterly false, it is a reputable news gathering organization, which is something you cannot say about FOX News. And you're wrong, I watch FOX News frequently, not for news, since I prefer mine without bias, but I watch some of the commentary shows, particularly the Five and O'Reilly. It is always a good idea to watch the enemy and know what they're thinking.

tron's picture

republicans want to cut

republicans want to cut anything and everything, so they can continue to give HUGE tax breaks to millionaires and billionaires. Hopefully the American people will soon realize EXACTLY who is promoting class warfare, and has done it since 2001.

Advertisement

Stay informed — Get the news delivered for free in your inbox.

I'm interested in ...