The Fiscal Year 2016 Nation Defense Authorizatio
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Posted On: 12/26/2017 6:18:41 PM
The Fiscal Year 2016 Nation Defense Authorization Act created a new military retirement system that blends the traditional legacy retirement pension with a defined contribution to Service members' Thrift Savings Plan account. The new Blended Retirement System goes into effect on January 1, 2018.
So basically Uncle Sam is cutting the retirement by 20% and putting the responsibility on the military troops to start saving. You know, save from all the big salaries they are gatting!
This is just the beginning.
Social Security??????
Hmmmmm
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