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Reserve Retirement Fairness Act
- Thread starter Python
- Start date
It's a nice idea, but given how money works in Congress, they'll likely want to look for savings elsewhere if they're going to approve this cost. I don't see anything proposed alongside and likewise don't see this advancing very far.
I say this half tongue in cheek and half seriously - find the savings by getting rid of the NRCs and doing a RIF of the TAR/FTS that add no value.
I say this half tongue in cheek and half seriously - find the savings by getting rid of the NRCs and doing a RIF of the TAR/FTS that add no value.
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It’s the cut off date that always kills me. I had four single year GWOT tours but only one (after 2008) applied to lower my retirement age. It sucks to be old but reminds me of this…
Congress proposes veterans fight to the death for expanded benefits
New “Veteran Highlander” program would let survivors absorb defeated veterans’ benefits
www.duffelblog.com
Sure, I'll bite. If they implement it fairly and simply (e.g. 20 qualifying years = retire at 60 - (AD time / adjustment factor)) and make it apply to all current and future retirees without any additional administrative burden, I'm in.
If it's "only applies to members who separate after July 4, 2032, or AD component members currently serving, and caveats X, Y and Z plus an additional thirteen application forms need to be filled out exactly correctly to prove the service we already know you did", then I don't care anymore.
Given that this would cost USG more money that isn't going to oligarchs, I doubt we'll ever see it happen.
If it's "only applies to members who separate after July 4, 2032, or AD component members currently serving, and caveats X, Y and Z plus an additional thirteen application forms need to be filled out exactly correctly to prove the service we already know you did", then I don't care anymore.
Given that this would cost USG more money that isn't going to oligarchs, I doubt we'll ever see it happen.
I've never understood why a reservist couldn't pull retirement pay until age 60 (or whatever age they "bought down" during the GWOT).
I know it won't happen because of the cost increase but I think people should be paid a pension immediately after 20 years based on their points calculations. You earned 17 years worth of points in your career that went over 20 calendar years? Thats 42.5% (or I guess 34% now) of your high 3. Thanks for your service.
I know it won't happen because of the cost increase but I think people should be paid a pension immediately after 20 years based on their points calculations. You earned 17 years worth of points in your career that went over 20 calendar years? Thats 42.5% (or I guess 34% now) of your high 3. Thanks for your service.
For those interested in tracking it, I'm guessing this is the bill in question:
There's also another bill that might stack with the above, allowing reserve retirees to start Tricare (actual retired Tricare Prime/Select, not the more expensive TRR) when they become eligible for non-regular retirement pay:
There's also another bill that might stack with the above, allowing reserve retirees to start Tricare (actual retired Tricare Prime/Select, not the more expensive TRR) when they become eligible for non-regular retirement pay:
Personally, I understand the delay in light of the government need to curb costs, as we're no longer putting in the same time commitment as the active component and are afforded the flexibility to pursue a civilian career; however, I do heartily agree with the bill's argument that it is only fair that reservists that had time from their active component years should be able to count that time toward early retirement, consistent with those that went directly to the reserves. But I'm not going to hold my breath, as much as it would benefit me.