Team 80/3

A new Military Retirement Plan is in the works. Using a computer model, the current system will offer “piles of cash” at critical career points to entice service members to stay or leave the force depending on the critical skills of the service individual. Citing cost efficiencies, the plan offers a fairly large lump sum payment of $30,000.00 cash at the 15 year mark which would cut a service member’s lifetime retirement benefit by more than $300,000.00